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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 AM92 Ultimate and interest is 6% p.a.

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