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Find quarterly premium on universal-life insurance policy

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Reference no: EM131628736

Question: 1. Estimate the monthly premium on a 20-year level term insurance policy of $300,000 for a 60-year-old male who uses tobacco.

2. Estimate the quarterly premium on a universal-life insurance policy for a 30-year-old female who gets a preferred rate. The face value of the policy is $600,000.

Reference no: EM131628736

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