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#1
May 5th, 2014, 01:15 PM
 Unregistered Guest
Insurance Institute of India Fellowship Examination-Mathematical Basis of Life Assura

Can any one here provide me the previous year Question paper of Insurance Institute of India Fellowship Examination-Mathematical Basis of Life Assurance Exam????

#2
May 6th, 2014, 12:42 PM
 Super Moderator Join Date: Dec 2011
Re: Insurance Institute of India Fellowship Examination-Mathematical Basis of Life As

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.

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