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Calculate net single premium and net annual premium. Calculate NSP and GSP for a 5 years pure' endowment policy at age 35 of 5 TK
Calculate net single premium and net annual premium.
Calculate NSP and GSP for a 5 years pure' endowment policy at age 35 of 5 TK 5000 from the following information Age No. of lives at risk No.of death 21 30560 4193 32 26367 3282 33 23085 2561 34 20518 1987 35 18531 1204 Other information are: i. 10% administrative expenses on PSP 11. 2.5% as contingency ini. 5% as projected profit TV. Interest @ 5% Calculate NSP and GSP for a 5 years pure' endowment policy at age 35 of 5 TK 5000 from the following information Age No. of lives at risk No.of death 21 30560 4193 32 26367 3282 33 23085 2561 34 20518 1987 35 18531 1204 Other information are: i. 10% administrative expenses on PSP 11. 2.5% as contingency ini. 5% as projected profit TV. Interest @ 5%Step by Step Solution
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