Calculate the EPV of this assurance contract: 5 year endowment with death benefit of 15000$ and maturity benefit of 2000
Posted: Sat Nov 27, 2021 5:13 pm
Calculate the EPV of this assurance contract:
5 year endowment with death benefit of 15000$ and maturity
benefit of 20000$. The rate of interest is 4% and the death
probability is 0.1 per annum. The contract expects to sell 300
contracts and there is an annual premium of 110% charged by the
insurer.
5 year endowment with death benefit of 15000$ and maturity
benefit of 20000$. The rate of interest is 4% and the death
probability is 0.1 per annum. The contract expects to sell 300
contracts and there is an annual premium of 110% charged by the
insurer.