Adam Smith is thirty-seven. He is purchasing twenty-year endowment insurance, with a face value of $25,000. What is his annual premium?

Question

asked Nov 23, 2018 70.0k views

2 Answers

← Prev Question Next Question →

Ask a Question

Peter Little · Answer 1 · 2018-11-28T03:34:02+0000

The average endowment for a male that is aged 37, has usually have an initial amount of annual premium that is $44.19/$1000.

The solution of this answer is : $44.19 x 25 = $1,104.75 is his annual annual premium that Adam will get.

Adam Smith is thirty-seven. He is purchasing twenty-year endowment insurance, with a face value of $25,000. What is his annual premium?

Please log in or register to add a comment.

Please log in or register to answer this question.

2 Answers

Please log in or register to add a comment.

Please log in or register to add a comment.

Related questions

Categories

Other Questions