The company charges an annual premium of 520 estimate the
A 65-year-old woman takes out a $100,000 term life insurance policy. The company charges an annual premium of $520. Estimate the companys expected profit on such policies if mortality tables indicate that only 2.6% of women age 65 die within a year.
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a 65-year-old woman takes out a 100000 term life insurance policy the company charges an annual premium of 520 estimate
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