Using the ILT to price life insurance policies, the lower bound for the number of deaths during a period is given by which expression?

• A. E(N) + z*sqrt(Var(N))
• B. E(N) - z*sqrt(Var(N))
• C. E(N) - z*Var(N)
• D. E(N) / (1 + z*sqrt(Var(N)))

Answer: (B)