a 35 year old woman purchases a $100,000 term life insurance for an annual payment of...

a 35 year old woman purchases a $100,000 term life insurance for an annual payment of $360. the probability she will survive is 0.999057. find thr expected value of the policy from the perspective of the insurance company.

Expert Solution

orchestra answered 2 years ago

A 33-year-old woman purchases a $100,000 term life insurance policy for an annual payment of $490....

A 33-year-old woman purchases a $100,000 term life insurance policy for an annual payment of $490. Based on a period life table for the U.S. government, the probability that she will survive the year is 0.999051. Find the expected value of the policy for the insurance company. Round to two decimal places for currency problems.

A 35-year old woman purchases a $100,000 term lifeinsurance policy. Based on a a period...

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A life insurance company sells a $250,000 1-year term life insurance policy to a 20-year old...

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Suppose a life insurance company sells a $200,000 one-year term life insurance policy to a 23-year-old...

Suppose a life insurance company sells a $200,000 one-year term life insurance policy to a 23-year-old female for $190. The probability that the female survives the year is 0.999594. Compute and interpret the expected value of this policy to the insurance company.

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Suppose a life insurance company sells a $190,000 one-year term life insurance policy to a 24-year-old...

Suppose a life insurance company sells a $190,000 one-year term life insurance policy to a 24-year-old female for $200. The probability that the female survives the year is .999461. Compute and interpret the expected value of this policy to the insurance company.

Suppose a life insurance company sells a $190,000 one-year term life insurance policy to a 20-year-old...

Suppose a life insurance company sells a $190,000 one-year term life insurance policy to a 20-year-old female for $330. The probability that the female survives the year is 0.999502. Compute and interpret the expected value of this policy to the insurance company.

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What are the monthly payments on a $75,000 universal-life insurance policy for a 35-year old female using a preferred rate? Using the charts below. Estimated Annual Life Insurance Premium Rates per $1,000 of Face Value 10-Year Level Term Age Male Female PREF NT T PREF NT T 20 0.87 1.27 2.28 0.75 1.10 1.88 25 0.87 1.27 2.28 0.75 1.10 1.88 30 0.87 1.36 2.49 0.75 1.16 2.06 35 0.87 1.44 2.73 0.75 1.26 2.23 40 1.13 1.96 3.78 1.00...

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