Calculate the annual premium for life insurance by using the table lookup for: $$\begin{array} { l l }
\text { Face Value: } & \$ 60,000 \
\text { Gender: } & \text { Female } \
\text { Type: } & \text { Straight-Life Policy } \
\text { Age } & 38
\end{array}$$

Question

Calculate the annual premium for life insurance by using the table lookup for: $$\begin{array} { l l } 
\text { Face Value: } & \$ 60,000 \
\text { Gender: } & \text { Female } \
\text { Type: } & \text { Straight-Life Policy } \
\text { Age } & 38
\end{array}$$

Quizplus · Accepted Answer

The premium for a $60,000 straight-life policy for a 38-year-old female is $675.60 according to the table lookup.

Calculate the Annual Premium for Life Insurance by Using the Table