April 2003 question 13 (from the revision book)

Discussion in 'CT5' started by lk1988, Mar 22, 2013.

  1. lk1988

    lk1988 Keen member

    Hello

    I'm looking at the answer in the revision book to the above question (part iii). Can anyone explain why, when calculating the EPV of the immediate assurance benefit, we multiply the the survival benefit by 0.03?!

    Thanks :)
     
    lk1988, Mar 22, 2013
    #1
  2. redzer

    redzer Member

    Could somebody look at this please?

    I can't understand the formula for the benefits.

    Thks

     
    redzer, Sep 13, 2013
    #2
  3. Julie Lewis

    Julie Lewis Member

    Which revision book is it in? They are all numbered. Please give a full reference.
     
    Julie Lewis, Sep 16, 2013
    #3

Share This Page