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Question 1 A $100,000 10-year term life insurance with benefits paid at the end of the year is issued to (50), with g of the
Question 1 A $100,000 10-year term life insurance with benefits paid at the end of the year is issued to (50), with g of the year annual premiums of $176.69. No expenses are assumed for this policy. Find the policy value at the beginning of the second year of the policy (IV"), using the following basis: Policy Value Basis: 6.0% interest rate and standard ultimate survival model, which results in the following actuarial values: As6100.013442, As 0.013123, a67.607819, s 7.045846 Find the first year's annual profit if you had 1,000 independent and identical policies as above, investment returns of 6.5% in the first year and two (2) deaths during the year. Assume the reserve is based on the policy value above. Annual Profit: Based on the annual profit that you calculated, what do you know about the expected mortality (aso) Question 1 A $100,000 10-year term life insurance with benefits paid at the end of the year is issued to (50), with g of the year annual premiums of $176.69. No expenses are assumed for this policy. Find the policy value at the beginning of the second year of the policy (IV"), using the following basis: Policy Value Basis: 6.0% interest rate and standard ultimate survival model, which results in the following actuarial values: As6100.013442, As 0.013123, a67.607819, s 7.045846 Find the first year's annual profit if you had 1,000 independent and identical policies as above, investment returns of 6.5% in the first year and two (2) deaths during the year. Assume the reserve is based on the policy value above. Annual Profit: Based on the annual profit that you calculated, what do you know about the expected mortality (aso)
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