Maria, age 28, wants to pay no more than $300 a year in life insurance. What is the face value of the largest 20-year term policy she can buy without spending more than $300 annually? Annual life insurance premium (per 1,000 dollars of face value) for age 28. A 10-year term for female is 1.28, 15 year term for female is 1.54, 20 year term for female is 1.89, and whole life for female is 9.46. a. $234,000 b. $158,000 c. $11,000 d. $567,000