Find the Indicated Premium

question 38

Multiple Choice

Find the indicated premium. Round to the nearest cent.
-Find the quarterly premium.
Face Value: $40,000
Age of Insured: 30
Sex of Insured: F
Type of Policy: Whole life

• A)$226.40
• B)$52.62
• C)$202.40
• D)$58.86

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Definitions:

Genetic Counseling

A service involving communication about the risks, benefits, and limitations of genetic testing, aimed at assisting individuals or families in understanding and adapting to the medical, psychological, and familial implications of genetic contributions to disease.

Autism

A condition of developmental nature marked by challenges in communicating and interacting socially, along with limited and repetitive actions.

Huntington's Disease

A genetic disorder that causes the progressive breakdown of nerve cells in the brain, affecting a person’s functional abilities and leading to physical and cognitive decline.

Cell Reproduction

The process by which cells divide to produce new cells, critical for growth, repair, and maintenance of organisms.