Life Insurance Exam [National] 23 – Mortality Tables and Actuarial Concepts Explained
This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams. This episode covers content for the National Exam. In this episode you will learn: • How the Law of Large Numbers allows actuaries to predict group mortality rates with statistical precision. • The specific formula for calculating Net Premium by subtracting interest from mortality costs. • The…
The skinny
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