For a special fully continuous last survivor insurance of 1 on two independent lives, (x) and (y). you are given: i) Death benefits are payable at the moment of the second death. ii ) Level benefit...


For a special fully continuous last survivor insurance of 1 on two independent lives, (x) and (y). you are given:<br>i) Death benefits are payable at the moment of the second death.<br>ii ) Level benefit premiums, T, are payable only while (r) is alive and (y) is dead; no premiums are payable while<br>both are alive or if (z) dies first.<br>i ) 8 = 0.2<br>iv) Hz (t) = 0.05, t20<br>v) Hy (t) = 0.06, t20<br>Calculate .<br>0.0781<br>O 0.0981<br>O 0.0881<br>O 0.0681<br>0.0581<br>

Extracted text: For a special fully continuous last survivor insurance of 1 on two independent lives, (x) and (y). you are given: i) Death benefits are payable at the moment of the second death. ii ) Level benefit premiums, T, are payable only while (r) is alive and (y) is dead; no premiums are payable while both are alive or if (z) dies first. i ) 8 = 0.2 iv) Hz (t) = 0.05, t20 v) Hy (t) = 0.06, t20 Calculate . 0.0781 O 0.0981 O 0.0881 O 0.0681 0.0581

Jun 06, 2022
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