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Chapter 6. Benefit premiums.
Manual for SOA Exam MLC.
Chapter 6. Benefit premiums.
Section 6.5. Benefit premiums for semicontinuous 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 6.5. Benefit premiums for semicontinuous insurance.
In this section, we will consider the funding of insurance products
paid at the time of death and funded at the beginning of the year.
These insurance products are called semicontinuous products.
c 2008. Miguel A. Arcones. All rights reserved. Manual for SOA Exam MLC.
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Chapter 6. Benefit premiums. Section 6.5. Benefit premiums for semicontinuous insurance.
Whole life insurance.
Suppose that an insurance company funds an immediately paid

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

Collections: Mathematics