HLLQP life insurance

21 Brenda had a non-participating whole life insurance with a $400,000 coverage on her life when she died. She had the policy for 15 years. When processing the death claim, the insurer realizes that the life insurance agent inverted the last two numbers of Brenda's year of birth. As a result, she had paid an annual premium of $2,000 that corresponded to a 28-year-old life insured. In reality, she was 37 years old when she bought the policy and should have paid an annual premium of $2,800. Ignoring any annual policy fees included in the premium, how much will the insurance company pay as a death benefit? a. $114,280 b. $160,000 $285.714 $388,000