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1. Read player's age and salary
2. If age > 25 then
3. Display "Player requires risk assessment"
4. Read risk level (High, Medium, Low)
5. If risk level is High then
6. premiumPercentage = 7
7. Else if risk level is Medium then
8. premiumPercentage = 4
9. Else if risk level is Low then
10. premiumPercentage = 2
11. premiumAmount = salary * premiumPercentage / 100
12. Else
13. premiumAmount = 0 (Player is not eligible for insurance)
14. Display "The premium will constitute " + premiumPercentage + "% of the salary."
```
Explanation:
1. The program reads the player's age and salary.
2. If the player's age is greater than 25, the program proceeds to check the risk level for the player.
3. Display a message indicating that the player requires a risk assessment.
4. Read the risk level from the user.
5. Depending on the risk level, assign the appropriate premium percentage.
6. If the risk level is high, set the premiumPercentage to 7.
7. If the risk level is medium, set the premiumPercentage to 4.
8. If the risk level is low, set the premiumPercentage to 2.
9. Calculate the premiumAmount by multiplying the salary with the premiumPercentage divided by 100.
10. If the player's age is less than or equal to 25, the player is not eligible for insurance and the premiumAmount is set to 0.
11. Display a message confirming the percentage of the salary the premium will constitute.
Write pseudocode and include appropriate selection structures which represent the logic in the scenario below. Comment your pseudocode.
The Sports Administration Management has decided to offer life insurance to the players on the various teams. If a player is older than 25 years, he will undergo a risk assessment. If the player is a high-risk individual the premium will be 7% of their salary. If the player is a medium-risk individual their premium will be 4% of their salary and if the player is a low-risk individual their premium will be 2% of their salary. A message should be displayed to the user confirming the percentage of the salary the premium will constitute.
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