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Author Question: What is the annual premium for a 200,000 term life insurance policy with a cost per 1,000 of ... (Read 61 times)

cdr_15

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on: Jun 24, 2018
What is the annual premium for a 200,000 term life insurance policy with a cost per 1,000 of 3.20?

Question 2

Beckett International LLC offers its employees healthcare coverage for which the company pays 80 of each employee's premium per month. The individual annual premium is 1,920. If the employee wishes to cover their family, an additional 95 is added to the individual monthly premium. What is the employee's monthly premium for family health coverage?


Swizqar

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Reply #1 on: Jun 24, 2018
Answer to Question 1

640;

Answer to Question 2

175; 1,920  12 = 160; 160 - 80 = 80; 80 + 95 = 175


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