(wrress—3) ROR RS CATT ¢ TREAT Nf 28 RR arias AG SS FRITH Fey apy ve we | Stora ae Tenens i > | wo) @3,b00 ee | 2 Ny @),8¢0 goo | ‘ © oC) @d,2¢0 | Xo | 8 88 | @3,000 00 | oe i ee | @o,900 | eto STMT Saf s - ~ (*) Rca Bee ArH BA w% @ (8) S861 Pama AN y,000 Bra | P= Present value (rar awarq WH); S= Sum for which Present value is to be calculated [38 Ha S0rca > Bre wr yey CR BAT wal; i= Rate of interest ({mMa Bq (GOR 9%) 4 n= Number of years (ARH FRI, ATW 9, 2, AST fo ana os PMG AeA) | ‘Scanned with CamScannerwaa an > Brats TEMA FEY 8 7 2 = oras a SA P= = ie oaane (+997 O+ $0: 09) 3.08 a 2 —_ = onee 331 ARCA SFY P = 7 amon tat p=—-S_ = o-Dde (9 +19 (5 + oro)? FORA . s > “> 8 aqcaa Bay P= > - __"___.—"_ = ovo p (> + 8 (5 + 0-008 F22CE aa agar ag p= —2 >< ovye +02" (5 4 coe)? P3¢a0 6 eT srnits Paton eee (NSE PAR [we | * Brox [aren | afet attice er ee | i ae reer | Aafia sews | ware | im) ime ) |) (8) (2) (b= 8x0) @ los = d,%00| S¢o door) | 3,€0,000 0-29 ! g. | eg | @9,8¢0] 200 do0- 200,000 o-n8o | © | 9 | @>,2¢0] aco doo 2,€0,000 o-pse 8 98 | 3,000] 800 doo 9,00,000 obvbt | @ | ee | ¢0,900| veo doo ¥,¢0,000 OW} 0.02.00 | j GIG = 39,03,8¢0 Tanita ait eam Apaee RAM = Sp Shey Aeo Ae 93,99,8¢0 =" @3,¥e0 = 25,229 DR Bar se aaa fF ad,929 Tat ‘Scanned with CamScanneryeeeee -= K RS CUT @ ARCA HAS Shea AT ces foray Frerat a 8 [ omer L geaaest | Aitcnors Gn o% ara» Brew aSam wen Pia aa) ot Ta Ae @ afS Smsa FT 5,¢00 FT , ‘Scanned with CamScannerSIAS IN @ Bq fara! a8 s. FU P= Present value (am =) P-(T+in = Sun for which present value is to be ) calculated (We Drea TSAR I Gk FACS WE | = Rate of interest (07# @) b= Number of years (09 401) > Diet za wy s ~—2 2 2 2a wen (st0-0¢) ~ (9-0¢)? ~ oe s : > 2 8 09 oes Pape Grea = Goak = s30Re _s_ : >_> cows cane P= yy gn GroeP Goat 33e88 a ee eer sf. - P= Ga p87 Grogs (sog)F~ 3-838 > > 2 _ o.ava s P=Gy pn Groat 1 | i : 7 7 1 d.8to 1 yee | ntoo | .8atee | ae i ERE | nate | 300 | 3,¢09 i cone | 2h | RALIOS pyoo0 | tot | d,too | 8,09,¢00 | x8 i eatars ; worse | ew | (toe | Geto | RE | BE : vce | axe | dave | beoge |S BAD 74 ~ baie [ta i |__weeaee | ti germ Saieaiiee SEN FG aie Sara 33 aes Se = eS eee sweats = “psseo 20-2u> DIF 2o-abe TFT ‘Scanned with CamScannerSrna (LP trewise) x Cale 10 oat ‘ulate Net Single Premium (NSP) for 5 year from the following Information = 5 term policy of Th present value | = | Age | ' Number of deaths te {_ | Persons insured of Tk. 1 73% | — - oo , ab | 61,500 | 0-971 92 | 5 i 943 | | 60,150 i o | 33° | 58.150 | 0915 | 55,180 | 0.888 0-863__ 98 | 51.730 | 4200 Insured sum of per policy Tk. 5000. [Solution ‘Table for calculation of Net Single Premium (NSP) for the 5 years term policy. . [Year| Age | NO.of | No.of ‘Amount of | Present ; Pvofdeath | | insured | Death | claim per value ofTk.| calm | person (3) i | death | 1@ 3% (6) | | a | @ , 4 | | | 7 = (4xSx6) Ty [a1 [61500 | 1.850 | 5,000 Soo71 | 65,54.250) 2 |32 | 66,150 2,000 |6000 (0943 | —94.30.000 3 | 3a |581so | 2.970 | 5.000 0915 | _‘1,35.87.750; } 4 | 34 | 55.180 3.450 | 5,000 0.888 | 1,53,18.000 s__|35_| 51,730 4,200 _| 5,000 0-863 | _1.81.23,000! i > = Oe l i [Total =| 6.30.13,000' ‘We know that, - Present value of total calim Net Single Premium (NSP) = No-of policy holder at the begining of the year _ 63013000 * 61500, = Tk. 1024-60 Ans. Net Single Premium : Tk. 1024-60 ae ante 6 B51 (AF) 88 ‘Scanned with CamScanner| Serene. FG Ss Bey care Arp seR RA TNR Sates BAT ASTIAT Tas Rants Ae aes Sia (NSP) fiefs a 8 > 1 efS Sane Mag aesA ATT 28,000 1 aia aura a e% | © 1 Tal AACA TWA Bo TRA CUTH CF A | 8 1 FUCHS FH ORPHIE 80 AEM CATS ofS BS SAMA YOHIAA ASAT O-OORRE, O-002CO, 0-00240, 0-00900 B 0-0002¢ | [Satay] ’ 8 SOar EH (P) t Peay P = Present value (453M 37) S = Sun for which present value is to be calculated (@ Bata ASR WET Is PAT A | OR TST i = Rate of interest FUT SH (ATRTE ¢%)} @ yi = Number of years (A#a 7a!) > Data qwaty WT 3 s > 3 23 aaa Gay P= PP RAS P = Sy Greed) = prog = OPER z s > ’ aga ay p= SP (Q+)?~ (+0@)8 = Syogg = B09 wammegp=. —S > > GHo Ot-0@)9 = y-s¢quge = Orv { s > edema ey p= —S__ _ (48 " GHoe)® = Sa5gq = OP RRA eta uy p= —S > GHB ™ Otoa)® = Fgag = Oabew ‘Scanned with CamScannerShea Aha re Reon @ eee coh afte Rtn cra ar Pea ee Farah (eae | Auaban | fs exe tava | ave tava tugs | of aay He 38 ae fm | il Ra eet oft Toa ET | LO) | _@ (2) __(8) (@)___ | (eex8 x) | > [Bo | o-00R¢0 98,000 2 | bey i 2 8> | @00R¢0 d8,000 O-204, WWD | | © ) 88 O-00280 38,000 Orwo R4.dG | ls 80 0-00800 38,000 ORR Awan | ¢ |ss o-000R¢ 3,000 -4ro 90-@8 | iid Woy, | Ber ssid aaa eS sore te From the iicong information calcula, Net Single Premium (NSP) : 1. The pertod of term insurance is 5 years. 2. Rate of return on investment is 3%. 3. The person is Proposing at the age of 35 and the mortality rate Per 1000 from the above age are 2-10, 2-25, 2-42, 2-63 and 2-85 respectively. 4. The amount of per policy is Tk. 20,000. Solution : The formula for calculation of present value of Tk. 1 s Praegr When, P = Present value S = Sun for which present value is to be calculated in this cash 1 i= Rate of interest; in this case 3% n = Number of years Present Value of Tk. 1: s 1 1 Ast year P= (yn * (1-05) = 1-05 = 952 —S___1l___1__,. 2nd year P= (n= (14.05)2 = PI0gS = 0-907 8) in es 3rd year P= (1 +" = (14-05)3 = 1157625 = —sS___i1___1_, ath year P= (1, n= (14-05)4" 12156 = 8227 1 1 5th year P= (1 +99 = (14-055 “1276 = “7636 ‘Scanned with CamScannerwigs afew Sra Table for calculation of Net Single Premium (NSP) for 5 years rerm policy - — — ———<————— ‘Year | Age} NO.of | Amount of| Totai death! Present | Present value | i i death | claim per! claim _| value of Tk. ! of death calim | i \ | death | 1 © 5% (6) | | a | @ L @) | @ | B=3xq) | ! (7= 5x6) | 1 | 35} -0021} 20,000 42 -952 39-98 | 2 | 36 | -00225} 20,000 45 907 40-82 | 3 | 37 | -0042/ 20,000 84 | -8638 72:56 | a | 38 | 0063) 20.000 126 | “8227 103-66 | 5 | 39 | -0085} 20,000 170 | = -7836— | 133-21, Total = 390-23 | —_! Ans. Net Single Premium for 5 years term policy Tk. 390-23 ‘Scanned with CamScannerSan a _— “Bias warafh cece 20,000 Bre att Ae we GAMA Sta Tae ey AS aearan iframe Peta a iad Sarge apf rest | Te PETA ACT 2% Rien 9 DIATE TERR HT | = (8 i a ad oer pee 80,382 ©,a¢o j od04 | @o O¥, DQ 8,¥80 oves | | ¢s 03,¢8> @,209 | obo | ee QW, 2b ¢,88 Lt oars: | Pa @ aaa rath Shorea AG carers Fete Fa ras | Spm) tye | eg fees | a teten | ents mates cit ate; a8 wien | aun | teas | tat sexe | ren ran | ) | - | ” i | ve (4x4) | | “Le 3 | ar| 808% | oe = 000 $y80,0,000 | od $,09,00,20 a |e | Bo38x | oato | s0.000 = 490,00,000 | o08 =P 9,989,000 © | GO} obrag 880 | 20,000 2,2,80,000 OFes {02,093,080 | 8 | @ | 08s | @.a09 | 20.000 | 30,8880,000 | obo | ¥.89 02.280 | @ | ae] were | cass 20,009 | Y3.¥e¥0,000 oes | 5,92,09,22¢ | We afi Sa a GIG TAM FT = 0d,8¢,¢0,080 Bre1| @ Fe OTS GAS MAIS Ae = QW,0db — @,n88 = 20,098 oF eta ore Sts Anaorr cud Mamita a ye = 0,998xX20,000Xx0- 408 Sart Bar AG aes ary = 99,28,UB, 920 _ eo afeors tr ais ea yet + Site Seer wifes wars aes wes Saehors cad Ae 9P,8S,C09B0 + O9,98,48,020 = > BOBAO 93.8 0,3 2,.ubo = 80.840 = d8,82¢-¢0 BT Seas ¢ seca GTM Fare AD ass Bi = 9u,82¢-¢0 BT | ‘Scanned with CamScannerSUT Teh at SateHt—a] SELES RS co Shae Soe at oa fa Fela wt low | die = i Sj ae | aieersen | reas | pos | eo | veto ot ; 2S | @ | ve0o wo $F 8 | ee | beao 30 | } 8 | eo | bReo @ | U c as wae © SUPT Berth 3 fects Boia e% zea S Dieta TSA WAT SF ABA o-BER, a O-DO4, OF ABA o-bus 8d TER o-b-g0, CH TR 0-98 Sf FSET AT 9,000 Bret sea oie ATS KA — Sar] Gant tara AG ears irr Rea ew wet | ut | Sifter | ares | qowie] om ems% [qoute wea ae | Fem ear T | WU (@ xv) > g 6 8 ¢ & a > to bto ¢ | ©t,o00 O.,eQ 199,920 RQ @> ¥,900 wo 80,000 0.209 AQ ° @2 w,R40 Ro 0,000 Obes 34,200 8 | eo wRCo ae R@,000 O.bRO 20,c9¢ | @ | @8 | bre 29__| 39,000 2.908 d¥,002 | yer tar afta ond 3,38%,894/ OF Tea Ces HRSA Fea = (b,88¢ — 20) OH = b,208 OF Sifsooa In wits AAMT (v,2o2 x 9,000) Tat = bR,02,000 Br * ‘Siftcoa Ahn ifsa TSA YT = (62,02,000 x 0,908) BH = ¥8,00,000 BT at tna or yeT | = (IS + Bifee) 3,2U,894 + 8,090,04r) Brey = UO,84,%be Bret cats Sa Fifa ear conf Si A ores Rie = = VSBLIS = yeeo = 8-8u TR Baa 2 AG coma fH av8-0¢ Bret | ‘Scanned with CamScanner3) TEA TUT 30,000 BH GS afStB s0,000 Bra Weya UTS ANA CHAT UImf THs 1G TMM 00 AeA ANE Teg ASA Aiihors YET AA I ATH | 4 CHa BAA ACOA cor wey cas WTA Satta AS see ffir Fic sa ¢ as ‘Scanned with CamScannery & | | =f) ce SAIPT Westy ¢ Rs Bera TIE e% RIA TEMSMTAY > Drova TERT PT VANFTH “DES, “POS, WUB, “PQS, -40B, -989, Add, -YI9, BE, -~U3B I Bay ata TEE 42(8xe™d) 9B,03,800 7 BY,RGO 3,33,8¢,¥00 3 34,02,880 3,0¢,¢2,u80 PRRWAI 92,00,2b0 ¥8,08.6Go 93,008,086 VI SER MGWY = San cole ears aweTs dat hors Aca be@eo8o80 ="Yoooo = beco-80 Drm Sans orstaa Hares WT cms Site veeo.go Drs | ‘Scanned with CamScannersg (Saewa sa] >) Tl THETA ),000 fe ShIATSTS KOTAT SSSA eA CATS wets FATT A aes fafa fifa oa 3 _ | PT | wece AaGure | aie yaa) zea ora Gace | 8% BRIA > Brera | I | ol Ae ART TSI ET es | 3000 ee 388 “HQ i pe | 388 a0 was “Ae | po | was wv are | yD | ss | are 334 wee ree | ; be | wee ded G08 HRD | oe | eos s8b ory +40 | >a | wey 388 282 -4¥o | | be 382 338, 390 “403 | i ope y80 wo 84 “900 ! | de0 | 89 84 00 vay GTS afe siete xen 30,000 Bret ‘Scanned with CamScanner8% TRY ban Tam Tm 30,000 30,000 30,000 30,000 30,000 30,000 30,000 30,000 30,000 80098¢Co 3000 = 80,008-¢¢ BT . ‘Sans OTT GR yea AIS cers Sia 80,008-¢ BIST | Reo AD afte fifa fefa Calculation of Net Annual Premium (NAP) «AD afte Rifiemera eran fee free care Bye) oo Bh cxM aahie tarata TSA Bea Te AME cM coca Cife Ait eorers Samia Tear Te Reha aT Be 1 AD ere (rar eration Ten Ay cereal srw eT ae Se eR Te Fes cera fairer stem Fee ara PT BAT Pay AAG aI Cr RS AeA aT ATATES Star Fra rest wat aH ere UA FisTw qeca SARC TETAS em ETH ce TA ATT NST TH AT | HR aT Renee ete ay Qe Bike Aeazorers Hea cerca AA > Brat aca FEAT TAT AEM, Ree} Dre a TACIT GUE Bh RMN AAT eT aw AeA wl SUH | rere» Cr RIA TATATAINY FTC CRD SATA ET Fin aca cat ee Te TER wo we AG a Fr tam | AD ae aren ‘Scanned with CamScanner