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- How Does the Cost of Health Insurance Premiums Vary By Aqe? NGPF Next Gen Pe sonal Finance Data Crunch Insurance Monthly Health Insurance Premium - Silver Tier Plan Average Cost of a Silver Policy by Age $1,200 $1,123 $1.050 $1,016 $900 $835 $750 $668 $600 $540 $457 $478 $450 $425 $374 $376 $300 $150 $0 21 25 30 35 40 45 50 55 60 64 Age ValuePenguin Monthly Premium 1. What is the ANNUAL premium for an individual who is 21 years old? 2. Between what two ages does the largest percentage change in premium occur? рок 1 DOK 1 3. How would you summarize the data in this chart in one sentence? DOK 2 4. If this same data were reported for car insurance, instead of health insurance, would the graph look similar? Why or why not? 5. If this graph were to continue outward, for individuals over 64, describe what you think the bars that follow would look like. www.ngpf.org Last updated: 7/8/20 Monthly PremiumThe Time of Payment of Claims provision requires that an insurance company pay Disability Income benefits no less frequently than. A.annually B.semiannually C.quarterly D.monthlyPlease help with attached
- C COverage 7. The policyholder's car was damaged after a massive hail storm came through her city. The cost ef repairs due to the hail damage was $350. Based on her auto policy, how much will the insurance company pay to repair the car? a. $0 b. $150 C. $200 d. $350 www.ngpf.org Last updated: 2/16/21Which answer about the amount of the group life death benefit that the beneficiary must disclose for federal income tax reasons is CORRECT? A. The entire amount must be reported by the beneficiary.B. Only the amount that exceeds the cost base must be reported by the beneficiary. C. To estimate the reportable quantity, an inclusion ratio must be calculated. D. The recipient or beneficiary is not required to record any amount.What do you think is the importance of Ethics in your career?