Life Insurance 09 Flashcards

1
Q
  1. What is the BASE ANNUAL PREMIUM?
A

$1,525.00. This remains the same until age 82.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q
  1. How does the premium change after age 82?
A

It goes to $70,295 and increased by at least 10K-20K every year after that, until age 94, when the policy expires.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q
  1. What is the MAXIMUM ANNUAL PREMIUM on this policy?
A

$1,525 per year, until age 82. It increases to $70,295 after that and increases 10-20 each year after that.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

End

A

End

How well did you know this?
1
Not at all
2
3
4
5
Perfectly