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Business, 03.12.2021 18:10 howey74

A couple buys two 10-year term life insurance policies with a death benefit of 25,000 on each policy. Both the wife and the husband have a 90% chance of surviving 10 years independent of each other. Find the variance for the total death benefit paid on the two policies combined.

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A couple buys two 10-year term life insurance policies with a death benefit of 25,000 on each policy...
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