Question: Table 1 Rates for Group Term Insurance S-year age bracket ERNN Under 25 25 to 29 30 to 34 35 to 39 40 to 44
Table 1 Rates for Group Term Insurance S-year age bracket ERNN Under 25 25 to 29 30 to 34 35 to 39 40 to 44 45 to 49 50 to 54 SS to 59 160 to 64 65 to 69 70 and above Cost/$1,000 insurance for 1 month period SO.OS $0.06 $0.08 $0.09 $0.10 $0.15 $0.23 $0.43 $0.66 $1.27 $2.06 43. What is the amount of tax-free coverage for her? A) $42,000 B) $44,000 C) $50,000 D) $75,000 44. What is the taxable amount of coverage for her? A) $50,000 B) $100,000 C) $150,000 D) $250,000 45. What is the Table 1 monthly cost of the taxable benefit for her? A) $15 B) $25 C) $35 D) $45 46. What is the Table 1 annual cost of the taxable benefit for her? A) $300 B) $250 C) $180 D) $100
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