Universal life policy, The given table provides data about

Universal life policy

Reference no: EM1346030

The following table provides information about a universal life policy.
Fill in the Table Year 1 Year 2 Year 3 Cash value at beginning of year $10,000

Premium payments made at beginning of year 1,000 1,000 1,000
Mortality cost 550- 600 675
Expense Cost 100- 50 50
Interest rate used for crediting cash value 6.0% 5.0% 5.0%
Credited Interest
Cash Value at end of year

Reference no: EM1346030

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