An insurance company is going to sell 1year life insurance policies with a face value of $30,000 to 25year old men for $500.Their mortality?

  • by AnSonia
  • Oct 09,2017
  • 4 answers

An insurance company is going to sell 1year life insurance policies with a face value of $30,000 to 25year old men for $500.Their mortality?


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Insurance Answers (4)

Death 2 months ago

yes

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Casey Y 2 months ago

If you are asking here, actuarial science is not for you....this is as basic a question as could possibly exist in that career.

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fcas80 2 months ago

.97*500 + .03*(-29500) = - 400.

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car253 2 months ago

You need to repost your question under the homework help category.

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