Suppose an insurance company offers a 45 year old man a rs1,000. 1 year term insurance policy for an annual premium of rs12 . Assuming that the number of deaths per 1000 is 5 for persons in this age this group. The expected gain for the insurance company on a policy of this type is
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.Suppose an insurance company offers a 45 year old man a rs1,000. 1 year term insurance policy for an annual premium of rs12 . Assuming that the number of deaths per 1000 is 5 for persons in this age this group. The expected gain for the insurance company on a policy of this type is entrepreneurs
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.......Suppose an insurance company offers a 45 year old man a rs1,000. 1 year term insurance policy for an annual premium of rs12 . Assuming that the number of deaths per 1000 is 5 for persons in this age this group. The expected gain for the insurance company on a policy of this type is
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