1. (6 marks) A death befinit policy of $100, 000, payable at the end of year...

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1. (6 marks) A death befinit policy of $100, 000, payable at the end of year of death provided death occurs before age 85, is issued to a (65). You are given the following information. He (i) mortality follows the Standard Ultimate Life Table (ii) the effective annual interest is i = 0.05 (iii) the endowment insurance A65:201 = 043371 (A) Write the actuarial notation of the EPV for the policy described above when the payment is $1. S (B) Express the EPV in terms of endowment insurance and pure endowment. Find the value for EPV. (C) Express the EPV of the policy described above in terms of whole life insurance and pure endowment. Then, determine an approximation for Ass. ab 1. (6 marks) A death befinit policy of $100, 000, payable at the end of year of death provided death occurs before age 85, is issued to a (65). You are given the following information. He (i) mortality follows the Standard Ultimate Life Table (ii) the effective annual interest is i = 0.05 (iii) the endowment insurance A65:201 = 043371 (A) Write the actuarial notation of the EPV for the policy described above when the payment is $1. S (B) Express the EPV in terms of endowment insurance and pure endowment. Find the value for EPV. (C) Express the EPV of the policy described above in terms of whole life insurance and pure endowment. Then, determine an approximation for Ass. ab

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A The actuarial notation of the EPV Expected Present Value for the policy described over when the pa... View the full answer