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Summary: 1/106
Chapter 4. Life Insurance.
Manual for SOA Exam MLC.
Chapter 4. Life Insurance.
Section 4.6. Level benefit insurance in the continuous case.
c 2009. Miguel A. Arcones. All rights reserved.
Extract from:
"Arcones' Manual for the SOA Exam MLC. Fall 2009 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 4. Life Insurance. Section 4.6. Level benefit insurance in the continuous case.
Whole life insurance.
Definition 1
The present value of a unit payment whole life insurance paid at
the moment of of death is denoted by Zx .
We have that Zx = Tx = e-Tx .
c 2009. Miguel A. Arcones. All rights reserved. Manual for SOA Exam MLC.
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Chapter 4. Life Insurance. Section 4.6. Level benefit insurance in the continuous case.
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