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2. Mark, a 40-year old male, is considering four different life insurance policies, each with a death benefit of $300,000: Policy A = Continuous-pay whole
2. Mark, a 40-year old male, is considering four different life insurance policies, each with a death benefit of $300,000: Policy A = Continuous-pay whole life Policy B = 20-year term life Policy C = 20-year pay, whole life Policy D = Whole life, payable to age 65 Which inequality ranks the annual premium for each policy in the correct order? a. Policy A > Policy C> Policy B b. Policy A> Policy D > Policy C c. Policy D > Policy C> Policy A d. Policy C> Policy D > Policy A e. Policy D> Policy B > Policy C
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