If current policy premiums are decreased by 8%, what will be the new annual premium on a 30 year $1,000,000 term life policy for a 40 year old female? Age
30
$500,000 Term Life
Female Annual Premiums
10 Year 20 Year 30 Year Age
$144 S210 $329 30
$149 S221 $384 35
S192 $298 $519 40
$289 $468 $764
45
$413 5658 $1,169 50
9608 $1.071 $2.124 55
Male Annual Premiums
10 Year 20 Year 30 Year
$164 $240 S394
$164 S254 $454
$212 $341
$627
$328 $591 $989
S485 5900 $1,555
$821
$1.441 $3.002
40
45
50
55
30
35
40
45
50
55
$1.000.000 Term Life
Female Annual Premiums
10 Year 20 Year 30 Year Age
$219 $347
$570
S228 S371 S680
$289 $519 S950
40
$495 S837 $1.424 45
$732 $1.222 S2000 50
$1.105 $1.983 $3.982 55
88 948
Male Annual Premiums
10 Year 20 Year 30 Year
S247 $413 $704
S257 S433 S814
S319 S614 $1.190
$556 $1,103 $1.889
S870 $1698 S2.970
$1.507 $2743 S5.686