This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: To level a net single premium (NSP), the NSP is divided by A) the maximum number of years the ... (Read 19 times)

berenicecastro

  • Hero Member
  • *****
  • Posts: 581
on: Jul 11, 2018
To level a net single premium (NSP), the NSP is divided by
 
  A) the maximum number of years the premium could be paid.
  B) the ordinary life annuity factor for the premium payment period.
  C) the present value of a life annuity due of 1 for the premium payment period.
  D) the deferred life annuity factor for the premium payment period.

Question 2

The policy reserve at the end of any given policy year is called the
 
  A) terminal reserve.
  B) unearned premium reserve.
  C) mean reserve.
  D) initial reserve.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

kaillie

  • Sr. Member
  • ****
  • Posts: 326
Reply #1 on: Jul 11, 2018
Answer to Question 1

Answer: C

Answer to Question 2

Answer: A


berenicecastro

  • Member
  • Posts: 581
Reply 2 on: Jul 11, 2018
Wow, this really help

kswal303

  • Member
  • Posts: 316
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Ether was used widely for surgeries but became less popular because of its flammability and its tendency to cause vomiting. In England, it was quickly replaced by chloroform, but this agent caused many deaths and lost popularity.

Did you know?

Adolescents often feel clumsy during puberty because during this time of development, their hands and feet grow faster than their arms and legs do. The body is therefore out of proportion. One out of five adolescents actually experiences growing pains during this period.

Did you know?

It is important to read food labels and choose foods with low cholesterol and saturated trans fat. You should limit saturated fat to no higher than 6% of daily calories.

Did you know?

Asthma attacks and symptoms usually get started by specific triggers (such as viruses, allergies, gases, and air particles). You should talk to your doctor about these triggers and find ways to avoid or get rid of them.

Did you know?

To combat osteoporosis, changes in lifestyle and diet are recommended. At-risk patients should include 1,200 to 1,500 mg of calcium daily either via dietary means or with supplements.

Ngandong calottes from Java are the youngest H. erectus fossils at perhaps 27,000-50,000 years old. Ngandong calottes from Java are the youngest H. erectus fossils at perhaps 27,000-50,000 years old.
To search for the Native American family would be fruitless. There are rural, urban, single-parent, ... To search for the Native American family would be fruitless. There are rural, urban, single-parent, ...
How to quickly determine the maximum or minimum value of a quadratic equation in standard form How to quickly determine the maximum or minimum value of a quadratic equation in standard form
Sketch the graph of the following functions using local maximum/minimums, interc Sketch the graph of the following functions using local maximum/minimums, interc
The effect of disruptive selection on bristle number in Drosophila The effect of disruptive selection on bristle number in Drosophila
Number of cells in the brain Number of cells in the brain
Video: Cleavage and Implantation Animation

For a complete list of videos, visit our video library