Continigency

. A newly established building society is planning to offer its customers mortgage life assur￾ance cover. You are commissioned to write a report to evaluate the feasibility of the plan. The report should include, but not limit to, the following aspects: product description, product pricing, and reserving. The report should briefly describe the mathematical methods and assump￾tions used, and also discuss the implications of changes in the underlying assumptions. You should use numerical examples to illustrate your reasoning. Note: You may use ELT15(Males/Females) as the basis for mortality rates. You may use any software (VBA, R, Matlab, SPSS, etc) for your numerical examples.