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Chapter 4. Life insurance. Manual for SOA Exam MLC.
 

Summary: Chapter 4. Life insurance.
Manual for SOA Exam MLC.
Chapter 4. Life insurance.
Actuarial problems.
c 2009. Miguel A. Arcones. All rights reserved.
Extract from:
"Arcones' Manual for SOA Exam MLC. Fall 2009 Edition",
available at http://www.actexmadriver.com/
c 2009. Miguel A. Arcones. All rights reserved. Manual for SOA Exam MLC.
Chapter 4. Life insurance. Actuarial problems.
(#1, Exam M, Fall 2005) For a special whole life insurance on (x), you
are given:
(i) Z is the present value random variable for this insurance.
(ii) Death benefits are paid at the moment of death.
(iii) x (t) = 0.02, t 0
(iv) = 0.08
(v) bt = e0.03t, t 0
Calculate Var(Z).
(A) 0.075 (B) 0.080 (C) 0.085 (D) 0.090 (E) 0.095
c 2009. Miguel A. Arcones. All rights reserved. Manual for SOA Exam MLC.

  

Source: Arcones, Miguel A. - Department of Mathematical Sciences, State University of New York at Binghamton

 

Collections: Mathematics