1. For each of the following questions imagine that you have a child in that age range.
2. I will give a rate for a 1-time payment, to cover your child for that age range.
3. Answer with how much you would be willing to pay in insurance for that child
For example:
Child is Between Ages: 3 - 13 Years Old
Insurance rate is $691 for every dollar paid.
That is for every dollar put down as part of a 1-time payment you will get $691 is the child passes away for any reason.
I imagine that I am willing to pay $1k to receive $691K if my child passes away.
So I answer in the space provided: $1K
This is the best insurance coverage/rate to be found anywhere for your child's life. This hypothetical insurance coverage will be operating at a loss, you are getting far more coverage for paying far less than any other insurance company.
I am not testing math skills, whatever feels like the right answer for you is the right answer!