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For a fully continuous whole life insurance of 1000 on (60): (i) 0L is the random variable for net future loss. (ii) Var(0L)=300,000 (iii) Mortality

For a fully continuous whole life insurance of 1000 on (60): (i) 0L is the random variable for net future loss. (ii) Var(0L)=300,000 (iii) Mortality is uniformly distributed with =100. (iv) =0.05 Determine the gross premium. (A) 63.22 (B) 63.85 (C) 64.07 (D) 65.12 (E) 67.02

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