This topic contains a solution. Click here to go to the answer

Author Question: An insurance company plans to sell a $200,000 one-year term life insurance policy to a 60-year-old ... (Read 45 times)

DelorasTo

  • Hero Member
  • *****
  • Posts: 548
An insurance company plans to sell a $200,000 one-year term life insurance policy to a 60-year-old female. Of 2.5 million females having similar risk factors, the company estimates that 5000 of them will die in the next year. What is the premium that the insurance company should charge if it would like to make a profit of $150 on each policy?
◦ $400 per policy
◦ $550 per policy
◦ $40 per policy
◦ $190 per policy
◦ $250 per policy


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by DelorasTo on May 5, 2020

enass

  • Sr. Member
  • ****
  • Posts: 380
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 25% of students answer this correctly




DelorasTo

  • Member
  • Posts: 548
Reply 2 on: May 5, 2020
:D TYSM


ttt030911

  • Member
  • Posts: 315
Reply 3 on: Yesterday
Excellent

 

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?

The first monoclonal antibodies were made exclusively from mouse cells. Some are now fully human, which means they are likely to be safer and may be more effective than older monoclonal antibodies.

Did you know?

Serum cholesterol testing in adults is recommended every 1 to 5 years. People with diabetes and a family history of high cholesterol should be tested even more frequently.

Did you know?

In women, pharmacodynamic differences include increased sensitivity to (and increased effectiveness of) beta-blockers, opioids, selective serotonin reuptake inhibitors, and typical antipsychotics.

Did you know?

The most destructive flu epidemic of all times in recorded history occurred in 1918, with approximately 20 million deaths worldwide.

For a complete list of videos, visit our video library