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| rev | Admin | (Created page with "For a fully discrete whole life insurance policy of <math>1,000,000</math> on (50), you are given: (i) The annual gross premium, calculated using the equivalence principle, is 11,800 (ii) Mortality follows the Standard Ultimate Life Table (iii) <math>\quad i=0.05</math> Calculate the expense loading, <math>P^{e}</math>, for this policy. <ul class="mw-excansopts"><li> 480</li><li> 580</li><li> 680</li><li> 780</li><li> 880</li></ul> {{soacopyright|2024}}") | Jan 20'24 at 1:36 | +463 |