Interview Preparation

Disscuss with fellow Actuarial forum members about what is being asked in Actuarial Interviews
Rakshasaraf
Newbie
Posts: 4
Joined: 05 May 2018, 08:27
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07 May 2018, 11:20

I understand why it will be highest for Endowment followed by Whole life. But didn't understand why pure followed by term?

ShikhaAgarwal
Jr. Member
Posts: 25
Joined: 22 Apr 2018, 14:57
Status: Offline

07 May 2018, 13:44

Rakshasaraf wrote:I understand why it will be highest for Endowment followed by Whole life. But didn't understand why pure followed by term?
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.

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