Scheme consisting of 20 members
18 members each with sum Insured = 50000
2 members with sum insured = 200000
Average Sum Insured = 65000
Calculated FCL = 2X 65000 =130000

Underwrite the top two lives for 70000 each

Scheme consisting of 300 members
297 members each with sum Insured = 50000
3 members with sum insured = 300000
Average Sum Insured = 52500
Calculated FCL = 2X 52500 = 315000

Prudent to Underwrite top three lives by setting FCL at lower level