Typical Annual Life Insurance Premiums
for Males, per $1,000 Face Value
Age 10-Year Ordinary 20-Payment 20-Year
Term Whole Life
Endowment
6.78
19.20
28.99
44.19
7.12 20.04
20.70
44.40
7.53 20.87
30.62
44.63
8.00 21.75
31.50
44,87
8.52 22.69
32.43
9.08 23.60
33.41
9.70 24.73
34.43
10.38 25.82
35.46
11.16 20.94
36.51
12.02 28.09
37.55
12.94 20.27
38.60
13.05 30.50
30.69
15.05 31.78
40.80
16.25 33.14
41.98
17.51 34.55
43.21
18.83 36.00
44.48
49.60
20.25 37.53
45.81
50.34
21.85 39.17
47.21
51.20
23.68 40.96
48.72
52.21
Notes: (1) For semiannual premiums, uso 51% of the annual rato.
(2) For quarterly premiums, un 26% of the annual rate.
(3) For monthly premiums, uso 9% of the annual rate.
(4) For females, use the age of a male three years younger
John Johnson is forty-seven. He is purchasing twenty-year endowment insurance, with a face value of
$20,000. What is his annual premium?
751.00
772.00
933.00
939.80