Alexandra Cunningham of Gardner, Massachusetts, has a $190,000 participating cash-value policy written on her life. The policy has accumulated $4,000 in cash value; Alexandra has borrowed $2,300 of this value. The policy also has accumulated unpaid dividends of $1,364. Yesterday Alexandra paid her premium of $1,100 for the coming year. What is the current death benefit from this policy?

Check My Work eBook Do the Math 12-1 Life Insurance Needs for a Young Single Matthew Kennedy of Urbana, Ohio, is single and has been working as an admissions counselor at a university for five years. Matthew owns a home valued at $250,000 on which he owes $135,000. He has a two-year-old vehicle valued at $32,000 on which he owes $26,000. He has about $20,000 remaining on his student loans. His retirement account has grown to $32,000, and he owns some stock valued at $9,000. Matthew has no life insurance and is considering buying some. How much should he buy? cash-value policy. Matthew should buy -Select- $20,000-$50,000 $50,000-$75,000 Check My Work