optional - ii annexure-a mathematics for the...
TRANSCRIPT
MATHEMATICS
Notes
166
Insurance
OPTIONAL - IIMathematics for
Commerce, Economicsand Business
THE WHOLE LIFE POLICYAnnual Premiums payable untill death for the Insurance of Rs. 1000 to be paid at death only.
Table -1 (Without Profits)
Age nearer Annual Premiums Age nearer Annual PremiumsBirthday BirthdayYears Rs. P. Years Rs.P.
15 10.75 39 21.25
16 10.90 40 22.2517 11.05 41 23.3018 11.20 42 24.4519 11.40 43 25.6520 11.60 44 26.95
21 11.80 45 28.3522 12.05 46 29.8023 12.35 47 31.3524 12.60 48 33.0025 12.95 49 34.75
26 13.30 50 36.6027 13.65 51 38.6028 14.05 52 40.7529 14.50 53 43.0530 14.95 54 45.45
31 15.50 55 48.0532 16.00 56 50.8033 16.60 57 53.7534 17.85 58 56.9035 17.95 59 60.25
36 18.65 60 63.8037 19.4538 20.30
Table -2 (With Profits)
Age nearer Annual Premiums Age nearer Annual PremiumsBirthday BirthdayYears Rs. P. Years Rs.P.
15 17.95 39 35.70
16 18.35 40 37.0017 18.80 41 38.3518 19.20 42 39.8019 19.65 43 41.3020 20.15 44 42.90
21 20.65 45 44.6022 21.15 46 46.3023 21.75 47 48.0524 22.30 48 49.9025 22.90 49 51.85
26 23.55 50 53.9527 24.25 51 56.1528 24.95 52 58.5029 25.70 53 60.9530 26.50 54 63.60
31 27.35 55 66.3532 28.20 56 69.3033 29.10 57 72.4034 30.05 58 75.7035 31.10 59 79.15
36 32.15 60 82.8537 33.2538 34.45
Annexure-A
MATHEMATICS 167
Notes
Insurance
OPTIONAL - IIMathematics for
Commerce, Economicsand Business
The Endowment Insurance Policy (Without Profits) Table -3 Annual Premiums for the Insurance of Rs. 1000 to be paid at the end of specified term of years or at death, if it should occur sooner
Endownment TermAge nearer 5 6 7 8 9 10 11 Age nearerBirthday years years years years years years years BirthdayYears Rs. P. Rs. P. Rs. P. Rs. P. Rs. P. Rs. P. Rs. P. Years
15 188.90 152.00 126.00 106.80 92.00 83.40 73.45 15
16 188.90 152.00 126.00 106.80 92.00 83.40 73.45 1617 188.90 152.00 126.00 106.80 92.00 83.40 73.45 1718 188.90 152.00 126.00 106.80 92.00 83.40 73.45 1819 188.90 152.00 126.00 106.80 92.00 83.40 73.45 1920 188.90 152.00 126.00 106.80 92.00 83.40 73.45 20
21 188.90 152.00 126.00 106.80 92.00 83.40 73.45 2122 188.90 152.00 126.00 106.80 92.00 83.40 73.45 2223 188.90 152.00 126.00 106.80 92.00 83.40 73.45 2324 188.90 152.00 126.00 106.80 92.00 83.40 73.45 2425 188.90 152.00 126.00 106.80 92.00 83.40 73.45 25
26 188.90 152.00 126.00 106.80 92.00 83.40 73.50 2627 188.90 152.00 126.00 106.80 92.05 83.45 73.55 2728 188.90 152.00 126.05 106.85 92.10 83.50 73.60 2829 188.95 152.05 126.10 106.90 92.15 83.60 73.65 2930 189.00 152.10 126.15 106.95 92.25 83.65 73.75 30
31 189.05 152.15 126.20 107.05 92.30 83.75 73.85 3132 189.10 152.25 126.30 107.10 92.40 83.85 73.95 3233 189.20 152.30 126.40 107.20 92.50 83.95 74.05 3334 189.25 152.40 126.45 107.30 92.60 84.05 74.20 3435 189.35 152.50 126.55 107.40 92.70 84.20 74.35 35
36 189.45 152.60 126.70 107.55 92.85 84.40 74.55 3637 189.55 152.70 126.80 107.70 93.05 84.60 74.75 3738 189.70 152.85 127.00 107.90 93.25 84.80 75.00 3839 189.85 153.05 127.20 108.10 93.50 85.10 75.30 3940 190.05 153.30 127.45 108.35 93.75 85.40 75.65 40
41 190.30 153.55 127.70 108.65 94.05 85.75 76.00 4142 190.55 153.80 128.00 109.00 94.40 86.15 76.40 4243 190.85 154.15 128.35 109.35 94.80 86.60 76.90 4344 191.15 154.45 128.75 109.75 95.25 87.05 77.40 4445 191.50 154.85 129.15 110.20 95.70 87.60 77.95 45
46 191.90 155.25 129.60 110.65 96.20 88.15 78.55 4647 192.30 155.75 130.10 111.20 96.80 88.80 79.20 4748 192.75 156.25 130.65 111.80 97.40 89.50 79.95 4849 193.30 156.80 131.25 112.45 98.10 90.30 80.80 4950 193.85 157.40 131.90 113.15 98.85 91.15 81.65 50
51 194.45 158.10 132.60 113.90 99.65 92.05 82.65 5152 195.15 158.80 133.40 114.75 100.55 93.05 83.70 5253 195.85 159.60 134.30 115.70 101.55 94.20 84.90 5354 196.70 160.50 135.20 116.70 102.65 95.40 86.15 5455 197.55 161.45 136.25 117.80 103.80 96.70 87.55 55
56 198.55 162.50 137.40 119.00 105.10 98.20 89.10 5657 199.60 163.65 138.65 120.35 106.50 99.75 90.75 5758 200.75 164.90 139.95 121.75 108.05 101.50 92.55 5859 202.00 166.25 141.45 123.35 109.70 103.35 94.55 5960 203.35 167.75 143.05 125.05 111.55 105.45 95.05 60
MATHEMATICS
Notes
168
Insurance
OPTIONAL - IIMathematics for
Commerce, Economicsand Business
The Endowment Insurance Policy (without profits) Table-3 contd..Annual Premiums for the Insurance of Rs. 1000 to be paid at the end of specified termof years or at death, if it should occur sooner
MATHEMATICS 169
Notes
Insurance
OPTIONAL - IIMathematics for
Commerce, Economicsand Business
The Endowment Insurance Policy (without profits) Table-3 contd..Annual Premiums for the Insurance of Rs. 1000 to be paid at the end of specified termof years or at death, if it should occur sooner
MATHEMATICS
Notes
170
Insurance
OPTIONAL - IIMathematics for
Commerce, Economicsand Business
The Endowment Insurance Policy (without profits) Table-3 contd..Annual Premiums for the Insurance of Rs. 1000 to be paid at the end of specified termof years or at death, if it should occur sooner
Endowment Term
MATHEMATICS 171
Notes
Insurance
OPTIONAL - IIMathematics for
Commerce, Economicsand Business
The Endowment Insurance Policy (with profits) Table-4Annual Premiums for the Insurance of Rs. 1000 to be paid at the end of specified termof years or at death, if it should occur sooner
MATHEMATICS
Notes
172
Insurance
OPTIONAL - IIMathematics for
Commerce, Economicsand Business
The Endowment Insurance Policy (with profits) Table-4 contd..Annual Premiums for the Insurance of Rs. 1000 to be paid at the end of specified termof years or at death, if it should occur sooner
MATHEMATICS 173
Notes
Insurance
OPTIONAL - IIMathematics for
Commerce, Economicsand Business
The Endowment Insurance Policy (with profits) Table-4 contd..Annual Premiums for the Insurance of Rs. 1000 to be paid at the end of specified termof years or at death, if it should occur sooner
MATHEMATICS
Notes
174
Insurance
OPTIONAL - IIMathematics for
Commerce, Economicsand Business
The Endowment Insurance Policy (with profits) Table-4 contd..Annual Premiums for the Insurance of Rs. 1000 to be paid at the end of specified termof years or at death, if it should occur sooner
MATHEMATICS 175
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Insurance
OPTIONAL - IIMathematics for
Commerce, Economicsand Business
MATHEMATICS
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OPTIONAL - IIMathematics for
Commerce, Economicsand Business
Annexure-C
MATHEMATICS 177
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OPTIONAL - IIMathematics for
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Contd...
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OPTIONAL - IIMathematics for
Commerce, Economicsand Business
Contd...
MATHEMATICS 179
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OPTIONAL - IIMathematics for
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Contd...
MATHEMATICS
Notes
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Insurance
OPTIONAL - IIMathematics for
Commerce, Economicsand Business
Concluded