exercise:3841f55da9: Difference between revisions
From Stochiki
(Created page with "You are given the following information about a special fully discrete 2-payment, 2-year term insurance on (80): (i) Mortality follows the Standard Ultimate Life Table (ii) <math>\quad i=0.03</math> (iii) The death benefit is 1000 plus a return of all premiums paid without interest (iv) Level premiums are calculated using the equivalence principle Calculate the net premium for this special insurance. <ul class="mw-excansopts"><li> 32</li><li> 33</li><li> 34</li><li...") |
No edit summary |
||
| Line 12: | Line 12: | ||
<ul class="mw-excansopts"><li> 32</li><li> 33</li><li> 34</li><li> 35</li><li> 36</li></ul> | <ul class="mw-excansopts"><li> 32</li><li> 33</li><li> 34</li><li> 35</li><li> 36</li></ul> | ||
{{soacopyright|2024}} | |||
Latest revision as of 19:56, 19 January 2024
You are given the following information about a special fully discrete 2-payment, 2-year term insurance on (80):
(i) Mortality follows the Standard Ultimate Life Table
(ii) [math]\quad i=0.03[/math]
(iii) The death benefit is 1000 plus a return of all premiums paid without interest
(iv) Level premiums are calculated using the equivalence principle
Calculate the net premium for this special insurance.
- 32
- 33
- 34
- 35
- 36
Copyright 2024. The Society of Actuaries, Schaumburg, Illinois. Reproduced with permission.