For a term insurance 2 years totally discrete sum insured 1 for a person of age (x), consider: qx = 0.1, qx + 1 = 0.2 v
Posted: Sun Sep 05, 2021 5:15 pm
For a term insurance 2 years totally discrete sum
insured 1 for a person of age (x),
consider:
qx = 0.1, qx + 1 = 0.2
v = 0.9
Kx is the truncated future life time for a person of age (x)
1L is the random variable of loss by prospective method at time 1
using the determined premium
by the principle of equivalence
Calculate V ar (1L | Kx> 0).
insured 1 for a person of age (x),
consider:
qx = 0.1, qx + 1 = 0.2
v = 0.9
Kx is the truncated future life time for a person of age (x)
1L is the random variable of loss by prospective method at time 1
using the determined premium
by the principle of equivalence
Calculate V ar (1L | Kx> 0).