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Unformatted text preview: 16,250. His major medical had a deductible of $150 and a 25% coinsurance clause. How much did Hammy have to pay? Use the tables to complete the chart below for problems 4 - 8 (LOOK AT THE CHART TITLES CAREFULLY!!) Continued on the back: Use the tables on the front to answer 9 & 10 9) Cal is 18 years old. He wants to purchase a $30,000 5 year term life insurance policy. What is his annual premium? 10) Myra is a 35 year old female. She wishes to purchase a $55,000 whole life insurance policy. What would her MONTHLY premium be? 11) You have dental insurance that pays 100% of the first $100 of your bill. Then, you pay a $75 deductible. Then, the insurance company pays 75% of the next $100. Then, the company pays 50% of the remainder of the bill up to a total of $1650, and you pay the rest. You go to the dentist and have a cavity filled and a gold crown put in. The total bill is $700. What is your portion of the bill?...
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- Summer '06