Actuarial maths A select life aged 51 exact purchases a 3 -year endowment assurance with sum assured ( ? 20,000 ). The death benefit is

Actuarial maths A select life aged 51 exact purchases a 3 -year endowment assurance with sum assured \( â?¬ 20,000 \). The death benefit is payable at the end of the policy year of death. The interest rate is \( 4.5 1 answer