Disscuss with fellow Actuarial forum members about what is being asked in Actuarial Interviews
As far as I know, it is because at any age probability of survival is more than prob of death. And Hence, prob of claim payment in pure is more than term.Rakshasaraf wrote:I understand why it will be highest for Endowment followed by Whole life. But didn't understand why pure followed by term?
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