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 88 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

Chelseyj.hasty

  • Member
  • Posts: 319
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

IgA antibodies protect body surfaces exposed to outside foreign substances. IgG antibodies are found in all body fluids. IgM antibodies are the first type of antibody made in response to an infection. IgE antibody levels are often high in people with allergies. IgD antibodies are found in tissues lining the abdomen and chest.

Did you know?

Most strokes are caused when blood clots move to a blood vessel in the brain and block blood flow to that area. Thrombolytic therapy can be used to dissolve the clot quickly. If given within 3 hours of the first stroke symptoms, this therapy can help limit stroke damage and disability.

Did you know?

Though Candida and Aspergillus species are the most common fungal pathogens causing invasive fungal disease in the immunocompromised, infections due to previously uncommon hyaline and dematiaceous filamentous fungi are occurring more often today. Rare fungal infections, once accurately diagnosed, may require surgical debridement, immunotherapy, and newer antifungals used singly or in combination with older antifungals, on a case-by-case basis.

Did you know?

Elderly adults are living longer, and causes of death are shifting. At the same time, autopsy rates are at or near their lowest in history.

Did you know?

Most women experience menopause in their 50s. However, in 1994, an Italian woman gave birth to a baby boy when she was 61 years old.

Erythrocytes (red blood cells) moving through a capillary in single file. Erythrocytes (red blood cells) moving through a capillary in single file.
(a) Mean duration (days) and (b) average maximum depth (mm) of snow cover throughout northern latitu (a) Mean duration (days) and (b) average maximum depth (mm) of snow cover throughout northern latitu
A single overhead camshaft engine with a timing belt that also rotates the water pump. A single overhead camshaft engine with a timing belt that also rotates the water pump.
How to write any number in engineering notation How to write any number in engineering notation
Graph showing oral administration of a single-dose drug. The time of onset is 2 hours and the end of ... Graph showing oral administration of a single-dose drug. The time of onset is 2 hours and the end of ...
Single-serve cups of infant formula Single-serve cups of infant formula
Video: DNA close up Animation

For a complete list of videos, visit our video library