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1. (10 points) Consider the insuranceWithlapses model below Suppose that this model is adjusted to include death after Withdrawal, i.e. the transition intensity oil is

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1. (10 points) Consider the insuranceWithlapses model below Suppose that this model is adjusted to include death after Withdrawal, i.e. the transition intensity oil is introduced into the model. Show that if Withdrawal does not affect the transition intensity to state 1 (i.e. that nil = LL21), then the probability that an individual aged 33 is dead by age :12 +13 is the same as that under the \"alive-dead\" model With the transton intensity n21. Hint: you might use the denition of transition intensity function My

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