Cameron had a 30-year term life insurance policy for $325,000 coverage that he paid $18.20 for each month. Unfortunately, he let the policy expire due to missed payments. He is now 40 years old and would like to purchase a new policy. If he wants his premium to remain at the same rate as before, how much coverage can Cameron get at that price, and what was the percentage of coverage loss? Explain the steps used in your calculations along with the answers to the question, rounding the coverage to the nearest dollar, if necessary. Answer in complete sentences.