Question: Part II Drill Note: Round all answers to nearest cent (as appropriate). Life Insurance Use tables in handbook (for female subtract three years). Calculate annual
Part II Drill Note: Round all answers to nearest cent (as appropriate). Life Insurance Use tables in handbook (for female subtract three years). Calculate annual premium. 20. Age & Sex roilo Type of of Insured Annual Premium Face Value Insurance 21M.Year Term A. $108,000 B. 40,000 C. $90,000 D. $120,000 E. What is cash value of policy in (D) at end of 10 years? 20. A. B. C. Straight Life 20-Pay Life Straight Life 42F 91 O 32F E. Complete the cost of the premium for fire insurance. ' 21. Rating of Area Class Building Contents 21. B $80,000 $35,000 Calculate the amount the insurance company will pay. 22. Value of bAmounts n Kind of Actual Fire Amount Insurance22 or Property $70,000 $90,000 Insurance Policy $40,000 80% Coins $50,000 80% Coins Loss $11,200 $36,000 Company Will Pay A. B. eons weni qu b
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
