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T 3. Depicted in the picture below is the graph of the size of the continuous insurance benefits for a policy of term 20 years.
T 3. Depicted in the picture below is the graph of the size of the continuous insurance benefits for a policy of term 20 years. Determine how the shape of the benefit can be constructed using policies involving variations of insurance benefits that are constant (like A, for instance) and linearly increasing (like I A2). Provide two different combinations: i) a combination that can include the use of deferred insurance, and ii) a combination without any deferred insurance policies. You can include minus any number of term insurance benefits. For number (ii), I recommend starting from the right side of the picture and working left. a $300,000 $250,000 $200,000 $150,000 $100,000 $50,000 $0 02 4 6 8 10 12 14 16 18 20 T 3. Depicted in the picture below is the graph of the size of the continuous insurance benefits for a policy of term 20 years. Determine how the shape of the benefit can be constructed using policies involving variations of insurance benefits that are constant (like A, for instance) and linearly increasing (like I A2). Provide two different combinations: i) a combination that can include the use of deferred insurance, and ii) a combination without any deferred insurance policies. You can include minus any number of term insurance benefits. For number (ii), I recommend starting from the right side of the picture and working left. a $300,000 $250,000 $200,000 $150,000 $100,000 $50,000 $0 02 4 6 8 10 12 14 16 18 20
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