An insurance company sells a $15,000, two-year term life insurance policy to an individual for $1,250?

by admin ~ March 29th, 2010 . Filed under: Investing .
term life insurance
mcbraves7 asked:


Find the expected return for the company if the probability the individual will live for the next two years is 0.93? Can anyone help?

Efren Rodeman
Share and Enjoy:
  • Digg
  • del.icio.us
  • Facebook
  • Mixx
  • Google
  • description
  • LinkedIn
  • Live
  • MySpace
  • NewsVine
  • Reddit
  • Technorati
  • Yahoo! Buzz
  • StumbleUpon
« What is the best life insurance policy?
Should I cash out one of my life insurance policies and pay off my debt? »

1 Response to An insurance company sells a $15,000, two-year term life insurance policy to an individual for $1,250?

  1. WallBaker
    April 1st, 2010 at 1:36 pm

    .1.00-.93=.07
    .07*15,000=1,050
    1250-1050=200

Leave a Reply

cash for settlements
flat rate conference calls
pa lemon law
help with mortgage payments