The gross premium for life insurance is equal to A) the present value
The gross premium for life insurance is equal to
A) the present value of the future death claim plus an expense loading.
B) the present value of the future death claim less the sum of the premiums paid when death occurs.
C) the present value of the future death claim less the present value of the expected dividends.
D) the net premium less the expense loading.
ANSWER
Answer: A
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