Determine the companys expected gain per policy

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Reference no: EM13180109

another question on the exam review that i have no idea how to do for the exam tomorrow!!

a 25 year old can purchase a one year life insurance policy for 10000 at a cost of 100 past history indicates that the probability of a person dying at age 25 is 0.0015 determine the companys expected gain per policy?

Reference no: EM13180109

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Determine the companys expected gain per policy : a 25 year old can purchase a one year life insurance policy for 10000 at a cost of 100 past history indicates that the probability of a person dying at age 25 is 0.0015 determine the companys expected gain per policy?

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