Explain what is the expected value of the insurance policy

Reference no: EM13201747

A 28 year old man pays $208 for a one year life insurance policy with coverage of $110,000. if the probability taht he will live through the year is 0.9993, what is the expected value of the insurance policy?

Reference no: EM13201747

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Explain what is the expected value of the insurance policy : life insurance policy with coverage of $110,000. if the probability taht he will live through the year is 0.9993, what is the expected value of the insurance policy?

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