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Chapter 6. Benefit premiums.
Manual for SOA Exam MLC.
Chapter 6. Benefit premiums.
Section 6.4. Benefit premiums for fully continuous insurance.
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.
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Chapter 6. Benefit premiums. Section 6.4. Benefit premiums for fully continuous insurance.
In section, we will consider the funding of insurance products paid
at the time of death and funded continuously. This type of
insurance is called fully continuous.
c 2008. Miguel A. Arcones. All rights reserved. Manual for SOA Exam MLC.
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Chapter 6. Benefit premiums. Section 6.4. Benefit premiums for fully continuous insurance.
Whole life annuity
Suppose that an insurance company funds a continuous whole life

Source: Arcones, Miguel A. - Department of Mathematical Sciences, State University of New York at Binghamton

Collections: Mathematics