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discuss the factors that an investor should look at when deciding on choosing an insurance plan. discuss the factors that actuaries look at when designing
- discuss the factors that an investor should look at when deciding on choosing an insurance plan.
- discuss the factors that actuaries look at when designing the level of premium for insurance companies.
- choose five different investment opportunities in Fiji, where one of the investment should be an insurance policy (other investments but not limited to could include; savings account, term deposits, ordinary annuities, share market, real property etc.).
- Briefly discuss the investments of your choice.
- Take a notional amount of $100 000 each, where preferable, for your investments and choose a notional maturity period, keeping it same for all the investment opportunities. Calculate the future value of your five different investments, over your chosen period.
- To obtain your other variables, you will have to use either the RBF documents, financial intermediaries releases or particular indexes, for your calculations. These needs to be referenced properly and where possible a copy needs to be placed in the appendix section.
- As this Unit deals with Actuaries, you are to present your data in analytical form using proper tools such as Excel, Tables, and Mathematical applications. Marks will be based on how well you are able to present the variables like rate/ interest, n=period, t=time, etc. To prove your results, you are to then re-calculate the future values of these investments using the formulas that you have learnt in your course.
- d.From the data obtained in the previous parts, do a comparative analysis and determine which investment opportunity, you will invest in if you had to choose one. Provide proper reasoning to your choice.
- e. Write a proper conclusion with strong recommendations.
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