H W.

asked • 10/06/18

Life insurance policy questions.

Gomez purchased a life insurance policy.  When he was 25 years old, he chose a $200,000, 10-year term policy at a price of $1.00 per $1.000, which at the age of 35 increased to $1.25 per $1.000.  What is the percent increase in the premium for Gomez to continue his $2000,000, 10-year term plicy

Lauren H.

H, can you please correct your numbers?  Is it "$200,00,"?  Is it "$2000,000,"?  Or, do you actually mean 200,000?


1 Expert Answer


DANIEL E. answered • 03/22/19

4.9 (116)

Veteran French and Property Casualty Insurance Tutor

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