Roger Johnson purchased a 50,000 ordinary life policy and an ADB for 50% of the value of the policy. In addition, he purchased a 5-year, 50,000 term policy. He died in an accident 3 years later.

a. How much money did Rogers beneficiaries receive? (4 points)

b. How much money would Rogers beneficiaries have received if he had died in an accident 7 years after purchasing the policies? (4 points)

c. How much money would Rogers beneficiaries have received if he had died of natural causes 10 years after purchasing the policies? (4 points)