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Actuarial question For a new type of totally discreet 3-year temporary insurance for an elderly person (x) : - Kx is the truncated future tense

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Actuarial question

For a new type of totally discreet 3-year temporary insurance for an elderly person (x) : - Kx is the truncated future tense of life - Premiums are determined using the equivalence principle - i=0.06 Calculate Var(1LKx1)

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