For a block of identical whole life policies each with face amount 50, all benefits payable at the moment of death, issued to 120 independent lives age (40), you are given that the force of interest is equal to the force of mortality (and both are constant); that is, u=D How much should the insurer hold to pay the benefits on this block of policies, if they wish to be 95% certain that they will not run out of money before all of the benefits have been paid? Note that for a standard normal distribution, (1.645) = 0.95 For a block of identical whole life policies each with face amount 50, all benefits payable at the moment of death, issued to 120 independent lives age (40), you are given that the force of interest is equal to the force of mortality (and both are constant); that is, u=D How much should the insurer hold to pay the benefits on this block of policies, if they wish to be 95% certain that they will not run out of money before all of the benefits have been paid? Note that for a standard normal distribution, (1.645) = 0.95