Annual Premium = Number of Units Purchased x Premium per $1,000 Annual Premiums per $1,000 of Life Insurance: 5-Year Term* Age 18-30 35 40 45 50 55 60 *Minimum amount is $50,000 Insured Male $3.21 3.51 4.25 5.42 7.59 11.45 17.19 1. Hector Mays 2. John Wicks Lee Ann Shull 3. 4. Ida Mazur 5. Jean Ellis Complete the table below for a 5-year term policy. Age 20 45 35 50 18 Female $2.77 2.98 3.47 4.60 6.27 8.58 12.62 Gender Coverage M M. F F F LL $ 60,000 85,000 95,000 200,000 150,000 Number of Units Annual Premium per $1,000 lis- Annual Premium​

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