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Question No. 9: A 30,000 fully discrete whole life policy issued to (35) with level annual premiums is priced with the following expense assumptions: First

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Question No. 9: A 30,000 fully discrete whole life policy issued to (35) with level annual premiums is priced with the following expense assumptions: First year Renewal years % of Premium Per 1,000 Per Policy 25% 1.0 50 10% 0.3 25 You are given: = 0.03 gs = 28.98 Calculate the gross annual premium. Question No. 9: A 30,000 fully discrete whole life policy issued to (35) with level annual premiums is priced with the following expense assumptions: First year Renewal years % of Premium Per 1,000 Per Policy 25% 1.0 50 10% 0.3 25 You are given: = 0.03 gs = 28.98 Calculate the gross annual premium

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