The net single premium for a pure endowment of 10,000 issued at age X for n years
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The net single premium for a pure endowment of 10,000 issued at age X for n years is 8000 if the premium is to be returned in the event of death before age x-\-n. If the premium is not returned, the net single premium is 7000. Find the net single premium for a pure endowment of 10,000 issued at the same age and for the same period if half of the net premium is to be returned in the event of death.
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Theory Of Interest And Life Contingencies With Pension Applications A Problem Solving Approach
ISBN: 978-1566983334
3rd Edition
Authors: Asa Michael M. Parmenter, Ph.d.
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