Practice Problems from Past Midterms/Quizzes by Topic
New Categorization and Updated
Point Values
· Chapter 2
o Survival
Function, p & q values, force of mortality
o Complete
& curtate expectation of life
· Chapter 3
o Life
Tables, UDD between integral ages
o Life
Tables, CFM between integral ages
o Life
Tables, Select and Ultimate Mortality
o Random
Variable L, Binomial Distribution
· Chapter 4
o Whole
Life Insurance, Moment of Death
o Whole
Life Insurance, End of Year of Death
o Whole Life
Insurance, recursive
o Term
Insurance
o Endowment
and Pure Endowment
o UDD
Conversion to Moment of Death
o Insurance
with Non-Level Benefits
o Portfolio
of Policies
o Single
Policy Probability (Percentile)
· Chapter 5
o Whole
Life and Temporary Life Annuity Due
o Annuity
Immediate adjustments
o Whole
Life and Temporary Life Annuity Continuous and paid every 1/m (Clyde only)
· Chapter
6
· Chapter 7
o Expense
Premium Policy Value
o Full
Preliminary Term Method
Categorization by Chapter