Given:
25-year old female
10-year policy
face value of 75,000
annual premium $338.25
annual premium = number of units purchased * premium per 1,000
number of units purchased = Face value / 1,000 = 75,000 / 1000 = 75
338.25 = 75 * premium per 1,000
premium per 1,000 = 338.25 / 75
premium per 1,000 = 4.51
The term life insurance amount per thousand on a 25-year-old female for a 10-year policy is $4.51
