Life insurance rates: Consider the survivorship curves given in Figure 1.54 for males and females in the human population of the United States. ➞ a. On the basis of these curves, explain why life...

Life insurance rates: Consider the survivorship curves given in Figure 1.54 for males and females in the human population of the United States. ➞

a. On the basis of these curves, explain why life insurance rates are higher for men than for women.

b. On the basis of these curves, explain why life insurance rates increase so rapidly at high ages.