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To determine premiums, life insurance companies must compute the probable date of death. On the basis of a great deal of research, Mr. Duncan,
To determine premiums, life insurance companies must compute the probable date of death. On the basis of a great deal of research, Mr. Duncan, age 39, is expected to live another 47.58 years. Does this determination mean that Mr. Duncan will live until he is 86.58 years old? If not, what does it mean? Choose the correct answer below. OA. Yes, because 39 + 47.58 = 86.58. OB. No, it means that all 39 year old men will live another 47.58 years. OC. No, it means that the average person with traits similar to Mr. Duncan will live another 47.58 years. OD. No, it means that Mr. Duncan will live at most another 47.58 years.
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