Cashflows (immediate annuities (provider's perspective) (single…
immediate annuities (provider's perspective)
term assurance (provider's perspective)
Endowment assurance vs term assurance
additional lump sum (-) cashflow at the maturity date of the contract if policyholder survives until the end of the term.
may be a lump sum (-) cashflow if the policyholder surrenders the contract before end of term.
for a given sum assured, the premiums will be greater than for a term assurance policy
investment income and gains will also be greater.
motor insurance contract
interest and capital payments