Typical Annual Life Insurance Premiums
for Males, per $1,000 Face Value
Ordinary
Whole Life
Age 10-Year
Term
35
36
37
38
39
40
41
42
43
44
45
Notes:
6.11
6.43
b. quarterly
6.76
7.12
a. semi-annually
c. monthly
17.81
18.52
19.20
20.04
20.87
7.53
8.00
8.52
9.08
9.70
10.38
35.46
11.16
36.51
46.31
(1) For semiannual premiums, use 51% of the annual rate.
(2) For quarterly premiums, use 26% of the annual rate.
(3) For monthly premiums, use 9% of the annual rate.
(4) For females, use the age of a male three years younger.
George Anderson has $30,000 of twenty-payment life. If he is thirty-six years old, what premiums will he pay?
20-Payment
Life
21.75
22.69
23.69
24.73
25,82
26.94
27.48
28.23
28.99
29.79
30.62
31.50
20-Year
Endowment
32.43
33.41
34.43
43.81
44.00
44.19
44.40
44.63
44.87
45.12
45.39
45.67
45.98