Question: 4 show your work = For a fully continuous 2year term insurance on (80), you are given: (i) The benefit is 1000 (ii) p =

4 show your work = For a fully continuous 2year term

4 show your work

= For a fully continuous 2year term insurance on (80), you are given: (i) The benefit is 1000 (ii) p = 0.4 (iii)! = 0.1 (iv)The premium is calculated using the equivalence principle. Determine the annual benefit premium (a) 100 (b) 200 (C) 300 (d) 400 = (e) 500 = For a fully continuous 2year term insurance on (80), you are given: (i) The benefit is 1000 (ii) p = 0.4 (iii)! = 0.1 (iv)The premium is calculated using the equivalence principle. Determine the annual benefit premium (a) 100 (b) 200 (C) 300 (d) 400 = (e) 500

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