K Purchased A 10000 Life Policy. For most people, this will be much less than a dollar a day. If you live beyond the term of the insurance, it becomes worthless.although, i'm not aware of any term policies that go beyond 30.
(i) percent of premium expenses are 10% per year. (i) the annual contract premium is 500. Service life = 5 years or 10,000 hours production = 200,000 units residual value = $20,000 i.
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Mike purchased a whole life policy with a face value of 1000000 and dies several from finance 4406040 at ajman university of science and technology ajman) If you live beyond the term of the insurance, it becomes worthless.although, i'm not aware of any term policies that go beyond 30. Not everyone needs a huge amount of life insurance, and $25,000 (or even less) could be enough to serve your needs. Before pursuing an insurance option, consider your financial needs and the desired amount of coverage.
