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Can any one here provide me the previous year Question paper of Insurance Institute of India Fellowship Examination-Mathematical Basis of Life Assurance Exam????
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Yeah sure, here I am providing you the previous year Question paper of Insurance Institute of India Fellowship Examination-Mathematical Basis of Life Assurance Exam Explain: Interim Bonus Tontine Bonus Give expression for the retrospective policy value and prospective policy value at the end of 35 years under a Whole Life Policy for a sum assured of Rupees 5,0001- effected on the life of a person at age 25 Annual premium under the policy were limited to 30 years. Show that two expressions are equal. Ignore expenses. Establish the reletionship : A= 1- da Calculate the net annual premium under a Children Deferred Whole Life Assurance for Rupees 5,0001- on the life of child aged 8, the assurance vesting at age 18 [Basis - LIC ( 1970) interest 6% a .$ =7.8017, a,,= 16.474, A,,= 0.067491 Given that Ax = 0.71 15 and ax = 6.5 calculate rate of interest. Calculate the true quaterly premium for a Whole Life Assurance of Rupees 75,0001- on the life of (30). Death benefit is payable immediately on death. Given: at 6%, P,, = 0.00742 Give an expression for bonus reserve policy value under on Endowment Assurance making provision for future expenses. Explain various symbols used in the expression. State the conditions necessary for Gross Premium Prospective Policy Values and Retrospective Policy Values to be equal. ![]() ![]() ![]() ![]()
__________________ Answered By StudyChaCha Member |