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A ten year term assurance policy is sold to a standard life aged 4 0 exact. The policy has a sum assured of Kshs .

A ten year term assurance policy is sold to a standard life aged

40

exact. The policy has a sum assured of Kshs

. 500, 000

payable immediately on

death. Calculate the EPV of the benefits payable assuming that standard mortality

is AM

92

Ultimate and interest is

6 %

.

.

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