Question
For a fully discrete whole life insurance with face amount 10,000 on (45): (1) The force of mortality underlying the standard mortality table is
For a fully discrete whole life insurance with face amount 10,000 on (45): (1) The force of mortality underlying the standard mortality table is ux+t. (ii) The annual net premium for an insured with standard mortality is 180 at 8 = 0.06. (iii) The annual net premium for an insured with standard mortality is 165 at 6 = 0.07. A risk is subject to a force of mortality #45+ where 5+= 45+ +0.01. Calculate the annual net premium for this risk at d = 0.06. (A) 253 (B) 259 (C) 265 (D) 275 (E) 287
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John E Freunds Mathematical Statistics With Applications
Authors: Irwin Miller, Marylees Miller
8th Edition
978-0321807090, 032180709X, 978-0134995373
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