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Chapter 6. Benefit premiums.
Manual for SOA Exam MLC.
Chapter 6. Benefit premiums.
Section 6.2. Fully discrete benefit premiums.
c 2008. Miguel A. Arcones. All rights reserved.
Extract from:
"Arcones' Manual for SOA Exam MLC. Fall 2010 Edition",
available at http://www.actexmadriver.com/
c 2008. Miguel A. Arcones. All rights reserved. Manual for SOA Exam MLC.
2/77
Chapter 6. Benefit premiums. Section 6.2. Fully discrete benefit premiums.
Fully discrete benefit premiums
In this section, we will consider the funding of insurance products
paid at the end of the year of death with annual benefits premiums
made at the beginning of the year. The funding is made as far as
the individual is alive and the term of the insurance has not
expired.
c 2008. Miguel A. Arcones. All rights reserved. Manual for SOA Exam MLC.
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Source: Arcones, Miguel A. - Department of Mathematical Sciences, State University of New York at Binghamton

Collections: Mathematics