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AAFM Exam GLO_CWM_LVL_1 Topic 8 Question 47 Discussion

Actual exam question for AAFM's GLO_CWM_LVL_1 exam
Question #: 47
Topic #: 8
[All GLO_CWM_LVL_1 Questions]

Calculate the Paid up Value ( PV) under a policy with the following particulars:

Consolidated Reversionary Bonus declared by the insurer from March, 1990 to March 2006 is 550/- per thousand sum assured. Bonus declared for the year ending March 2007 is @ Rs. 70/- per thousand.

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Suggested Answer: C

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