SERE You are 28-year-old healthy male and interested in purchasing life insurance. Using the table, determine what the
annual premium for a Whole Life insurance police, given that the face value of the policy is $162,253. If need be,
round your answer to the nearest cent.
Permanent Insurance
20-Payment 20-Year
Age Whole Life
Life
Endowment
Male Female Male Female Male
Female
25 $16.38 $14.38 $28.40 $25.04 $37.02 $34.87
26 16.91 14.77 29.11 25.96
37.67
35.30
27 17.27 15.23 29.97 26.83 38.23 35.96
28 17.76 15.66 30.68 27.54 38.96 36.44
$2,881.61
c. $6,321.38
b. $4,977.92
d. $6,438.20
a.