10-3 and 10-4 Life Insurance
9th - 12th Grade
•14 Qs
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10-3 and 10-4 Life Insurance
Quiz
•
Mathematics, Business
•
9th - 12th Grade
•
Practice Problem
•
Medium
+2
Standards-aligned
Nicholas Ruggieri
Used 4+ times
FREE Resource
Enhance your content in a minute
14 questions
Show all answers
1.
FILL IN THE BLANK QUESTION
15 mins • 1 pt
Use the table to find the premium for a 5-year term policy. Make sure to use a $ and put the cents in your answer. Ex: $85.55. Bridget (female) is 18 years old and is purchasing a $30,000 life insurance policy.
2.
FILL IN THE BLANK QUESTION
15 mins • 1 pt
Use the table to find the premium for a 5-year term policy. Make sure to use a $ and put the cents in your answer. Ex: $85.55. Mike (male) is 45 years old and is purchasing a $60,000 life insurance policy.
3.
MULTIPLE CHOICE QUESTION
15 mins • 1 pt
Gloria Carver is 20 years old and wants to purchase a $10,000, 5 year term life insurance policy. What number of units are purchased? What is the annual premium per $1,000 (found in the table)? And what is the TOTAL Annual Premium?
10 ; $1.91 ; $19.10
20 ; $1.91 ; $38.20
1 ; $2.70 ; $2.70
4.
MULTIPLE CHOICE QUESTION
15 mins • 1 pt
John O'Neill is 45 years old and wants to purchase a $20,000, 5 year term life insurance policy. What number of units are purchased? What is the annual premium per $1,000 (found in the table)? And what is the TOTAL Annual Premium?
20 ; $6.36 ; $120.00
20 ; $8.86 ; $177.20
200 ; $6.36 ; $120.90
5.
MULTIPLE CHOICE QUESTION
15 mins • 1 pt
Kate Owens is 35 years old and wants to purchase a $25,000, 5 year term life insurance policy. What number of units are purchased? What is the annual premium per $1,000 (found in the table)? And what is the TOTAL Annual Premium?
25 ; $2.99 ; $74.75
25 ; $2.99 ; $75.00
25 ; $3.83 ; $95.75
Tags
CCSS.6.EE.B.6
6.
MULTIPLE CHOICE QUESTION
15 mins • 1 pt
Dale Payne is 30 years old and wants to purchase a $200,000, 5 year term life insurance policy. What number of units are purchased? What is the annual premium per $1,000 (found in the table)? And what is the TOTAL Annual Premium?
20 ; $2.26 ; $45.20
20 ; $3.20 ; $64.00
200 ; $3.20 ; $640.00
7.
FILL IN THE BLANK QUESTION
15 mins • 1 pt
Use the table to find the premium for a 5-year term policy. Make sure to use a $ and put the cents in your answer. Ex: $85.55. Phil Davis (male) is 30 years old and is purchasing a $75,000 life insurance policy.
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