Jade wants to buy a $200,000 term life insurance policy. she is 34 years old. using the premium table, what is her annual premium for a 10 year policy?

a.$1,290
b.$1,202
c.$6,010
d.$820

The premium of $200,00 term life insurance policy is $1,202

B is correct.

Step-by-step explanation:

Jade wants to buy a $200,000 term life insurance policy.She is 34 years old.

Jade is female.

Using table for 10-year policy: We will see the column of female.

Annual premium of life insurance per $1000 for 10-years policy term of 34-years old female = $6.01

   For $1000 life insurance premium = $6.01

   For     $1    life insurance premium = $0.00601

For $20000 life insurance premium = 200000 x 0.00601      

                                                             = $ 1,202

Hence, The premium of $200,00 term life insurance policy is $1,202    

where are the options?

step-by-step explanation:

(-1,-0.5)

step-by-step explanation: