Question: Consider a $ 1 2 0 , 0 0 0 ordinary life policy issued at age 3 5 at a $ 1 5 0 0

Consider a $120,000 ordinary life policy issued at age 35 at a $1500 annual premium. Assume that, when the death
claim was filed, the true issue age was found to be 36, and $120,000 of coverage at this gge would have required a
premium of $1800. The company would pay $
Consider a $120,000 ordinary life policy issued at age 35 at

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