Answer:
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
