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Chapter 5. Life annuities.
Manual for SOA Exam MLC.
Chapter 5. Life annuities.
Section 5.1. Whole life annuities.
c 2009. Miguel A. Arcones. All rights reserved.
Extract from:
"Arcones' Manual for the SOA Exam MLC. Spring 2010
Edition".
available at http://www.actexmadriver.com/
c 2009. Miguel A. Arcones. All rights reserved. Manual for SOA Exam MLC.
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Chapter 5. Life annuities. Section 5.1. Whole life annuities.
Whole life annuity
A whole life annuity is a series of payments made while an
individual is alive.
The payments can be made either at the beginning of the year,
either at the end of the year, or continuously.
c 2009. Miguel A. Arcones. All rights reserved. Manual for SOA Exam MLC.
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