Question

What are the quarterly payments on a $100,000 universal life insurance policy for a 30 year old female with a preferred rate?

Data Table Table 2 Premium Rates for Periods Less Period Percent of Annual Period Premium Semiannually 51.00 Quarterly 26.00 Monthly 8.75 Estimated Annual Life Insurance Premium Rates per $1,000 of Face Value 10-Year Level Term 20-Year Level Term Age Male Female Age Male Female PREF NIT PREF NTT PREF NTT PREF NTT 20 0.87 1.272.28 0.75 1.10 1.88 20 1.09 1.50 2.86 0.91 1.312.56 25 0.87 1.272.28 0.75 1.10 1.88 25 1.09 1.50 2.86 0.91 1312.56 300.87 1.36 2.19 0.75 1.16 206 30 1.12 1.61 3.24 0.96 1.42 2.67 35 0.87 1.44 2.73 0.75 1.26 2.23 35 1.171.73 3.62 1.02 1.53 2.78 401.13 1.96 3.78 1.00 1.57 2.93 40 1.49236 5.38 1.26 2.00 3.77 45 1.512.69 5:33 1.38 2.12 4.08 45 223 3.73 8.42 1.75 2.92 567 50 2.03 3.76 8.08 1.72 2.98 5.78 50 3.455.99 12.90 2.59 4.408.02 55 295 5.61 12.48 227 4448.33 55 538 9.52 19.15 3.96 6.66 11.45 60 4.619.07 20.07 3.466.95 12.57 60 8.46 15.15 29.146.17 10.36 16.74 Whole Life Universal Life Age Male Female Age Male Female PREFNTT PREF NTT PREF NITPREFNI 208.39 9.02 10.55 7.55 8.129 .95 20 5.25 5.78 7.174.53 4.655.97L 259 .51 10.22 12.70 8.65 9.30 11.59 25 621 6.698.615.375617417 30 10.86 11.68 14.77 9.82 10.56 13.48 30 7.41 8.13 10.29 6,45 6.81 8.73 35 12 37 13.30 16.59 10.97 11.80 14.85 35 9.09 9931269 7.898.25 10.77 40 14.42 15.50 19.31 12.54 13.48 1669 40 1125 1233 1699569 10.17 13.41 45 1765 18.98 24.03 15:14 16.28 20.43 45 14.01 15 45 19.65 12.09 12.69 16.77 50 2245 24.14 30.6519.09 20.5325.3950 1761 19.17 2445 1509 16.0521.33 55 28.67 30.82 39.00 24.11 25.92 30.9755 2241 24.5731.4118.93 20.2526.97 60 36.06 38.77 49.39 29.75 31.99 37 2560 28.7734.5343565 2397 28 29 3753 PREF = preferred. NT = non-tobacco and T = tobacco usage Print Done

Answer 1

solution: what are the insurance policy rate ? quarterly payments on a $100,000 universal life for a 30 year old female with a preferred Annual premium - Amount of Coverage rate $1000 $100,000 -X Rate $1000 = $ 100 x $6.45 = $645 The annual sate, according to estimated annual life premium rates is $645 Quarterly premium ; peared vrates is 26-4. insurance Annual premiom xquartetly rate = suarterly premium = $645X0.26 = $167.7 ... The quarteily premium is $167.7