Question: For a fully continuous 5-year deferred whole life insurance of 1000, you are given: (i) If death occurs during the deferral period, premiums are

For a fully continuous 5-year deferred whole life insurance of 1000 , you are given: (i) If death occurs during the deferral

For a fully continuous 5-year deferred whole life insurance of 1000, you are given: (i) If death occurs during the deferral period, premiums are refunded without interest. (ii) x++ = 0.02 for 2 0. (iii) 8 = 0.04 (iv) Premiums are payable for life. Calculate the net premium. (B) 14.89 (A) 14.82 (C) 14.96 (D) 15.00 (E) 15.05

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