Life Insurance 09 Flashcards
1
Q
- What is the BASE ANNUAL PREMIUM?
A
$1,525.00. This remains the same until age 82.
2
Q
- 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.
3
Q
- 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.
4
Q
End
A
End