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For an insurance on (55) and (55) that pays a benefit of 1000 at the moment of the (a) first death (b) second death, you
For an insurance on (55) and (55) that pays a benefit of 1000 at the moment of the (a) first death (b) second death, you are given : 1. Future lifetimes are independent 2. Mortality on both lives is uniform with w = 100 3. 8 = 0.05 Calculate the net single premium for the insurance, for case (a) and (b) For an insurance on (55) and (55) that pays a benefit of 1000 at the moment of the (a) first death (b) second death, you are given : 1. Future lifetimes are independent 2. Mortality on both lives is uniform with w = 100 3. 8 = 0.05 Calculate the net single premium for the insurance, for case (a) and (b)
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