For a fully continuous 15-year term life insurance of 1000 on (60) : (i) = 0.04 (ii) = 0.02 (iii) Annual net premium

For a fully continuous 15-year term life insurance of 1000 on (60) :

(i) µ = 0.04

(ii) δ = 0.02

(iii) Annual net premium = 40.

Calculate the probability that the future loss is greater than 10.