ACSC MLC

For a group of 10,000 individuals age 60,q60 is unknown, but uniformly distributed on (0.005,0.015), and v=0.96.Each individual buys a two-year endowment insurance policy for 1000, with death benefits payable at theend of the year.Calculate the variance of the present value of future benefit payments.

For a group of 10,000 individuals age 60, g6o is unknown, but uniformly distributed on (0.005, 0.015), and v 0.96. Each individual buys a two-year endowment insurance policy for 1000, with death benefits payable at the end of the year Calculate the variance of the present value of future benefit payments For a group of 10,000 individuals age 60, g6o is unknown, but uniformly distributed on (0.005, 0.015), and v 0.96. Each individual buys a two-year endowment insurance policy for 1000, with death benefits payable at the end of the year Calculate the variance of the present value of future benefit payments