use the provided illustration for a whole life policy with Face Amount of $100,000, male age 30.
Yr Age Annual Premiums Annual Dividend
Use the provided illustration, what is the traditional net cost per thousand per year of this policy over the 4-year period
per $1,000, round to 3 decimal places?
Use the provided illustration, what is the net payment cost per thousand per year of this policy over the 6-year period per
$1,000, round to 3 decimal places? Use the provided illustration, assume 5% interest rate in year 5, using Belth's concept, compute the implied price of
insurance, round to nearest cents and explain whether this person should surrender the policy?
A medical expense policy with gold plan (80%-20% coinsurance) has a $1,000 calendar-year deductible and a $5,000
annual out-of-pocket limit and the out-of-pocket limit applies to coinsurance only. Assume a patient only submit one claim of
$30,000 due to a surgery, how much of this bill will the insurer pay? Round to nearest cents.
Answer rating: 100% (QA)
Let s calculate each of the provided questions step by step Question 1 Traditional Net Cost per Thousand per Year over 4 Years To calculate the traditView the full answer