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insurance premiums. You have suggested either a 10-year term policy or a whole life policy. 10-year term policy $ whole life policy $ (b) If

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insurance premiums. You have suggested either a 10-year term policy or a whole life policy. 10-year term policy $ whole life policy $ (b) If she should die in the next 10 years, how much more (in \$) will her children receive under the term insurance? (c) Using Table 19-3, if she should live beyond the 10th year, determine her nonforfeiture options with the whole life policy. Option 1: Cash value (in $ ) q Option 2: Reduced Paid-up Insurance (in \$) Option 3: Extended Term (Enter your answer in years and an amount of days less than 365.) years, days E 19-1 Annual Life Insurance Premiums (per $1,000 of Face Value) TABLE 19-3 Nonforfeiture Options (per $1,000 of Face Value Issued to a Woman at Age 20)

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