1.Find the annual premium for a 20-year level term insurance policy with a face value of$15,000 for a 25-year old male who smokes. Round to the nearest cent.( premium rate is 2.86)

2. Find the annual premium for a universal-life insurance policy with a face value of$20,000 for a 55-year old female using a non-tobacco rate. Round to the nearest cent. (premium rate is 24.57)

3. What are the semi annual payments on a $200,000 whole-life insurance policy for a 30-year-old female with a preferred rate? Use table 1 and table 2. table1 ( 9.82 premium) table2 (51.00 premium rate)

4.Compare the premiums for a 10-year level term policy for$75,000 for a 45-year old male to the same policy for a 45-year old female. Use a non-tobacco rate. Round to the nearest cent. ( premium rate 2.12)

5.Cindy started a whole-life insurance policy for $255,000 when she was 23 years old. At age 50, the policy has a cash value of $12,606 and Cindy converts the policy to extended term insurance for the same face value. Use 20-year level term rates to estimate the number of years of extended term insurance she has. Use a non-tobacco rate.( premium rate 8.12)

Round final answer to two decimals places if needed

6. Parker’s $300,000 whole-life insurance policy has a cash value of $11,278. Parker is 60 years old, female, smokes, and is converting to an extended term policy for the same face value. Use 10-year level term rates to estimate the number of years of extended term insurance she has.( rate 12.57)

Round to two decimal places as needed

7. Cindy needs a $20,000 renters insurance policy and has selected the $1,000,000 liability with $500 deductible. The insurance company has determined her credit is excellent and has given her the “good” credit rate. If she adds an endorsement to insure$4000 worth of jewelry and the options of identity theft/fraud protection and sewer/sump pump backup protection for her basement, find her annual premium.

( premium 169)

8. Tim Navholtz needs a $20,000 renters insurance policy and has selected the$500,000 liability with $1,000 deductible. The insurance company has determined his credit is excellent and has given him the “good” credit rate. If he adds an endorsement of $0.85/$100 to ensure$11,800 of jewelry, $20/year for the options of identity theft/protection and $75/year for sewer/sump pump backup protection for his basement, find his annual premium using the given table.( premium ,134)

9. Jim is a renter and carries $40,000 insurance on his personal belongings. He selects the minimum liability with a deductible of $1000 for each claim, carries identity theft/fraud protection and an endorsement of$4000 for his camera equipment. Jim has a recent bankruptcy on his record, so is credit is rated as “bad”. Find his annual premium.( premium 313)

10. Find the annual homeowners insurance premium on a masonry home located in zone 1 if the home is insured for$300,000. The owner chooses a $1000 deductible and has good credit.

(premium 0.27)

11. A home with a replacement value of$285,000 is insured in a policy that contains an 80% coinsurance clause. The face value of the policy is$200,000. If a fire causes damage valued at

$1,900, find the amount of compensation to the owner by the insurance company.

12.Find the total annual insurance premium.

Territory: 1

Credit rating: OCC

Model class:

1

Vehicle age: New

Liability coverage: 50/100/50

Comprehensive deductible: $250

Collision deductible: $500

Annual auto mobile liability insurance premium 600

Annual auto premium rate comprehensive 628

Collision 855