Skip to Main Content
Statistical Methods with Applications to Demography and Life Insurance
book

Statistical Methods with Applications to Demography and Life Insurance

by Estate V. Khmaladze
March 2013
Intermediate to advanced content levelIntermediate to advanced
242 pages
5h 47m
English
Chapman and Hall/CRC
Content preview from Statistical Methods with Applications to Demography and Life Insurance
Lecture 12
Life insurance and net premiums
In this lecture we begin a new topic: life insurance policies and annu-
ities. We will derive expressions for so called net premiums or pure
premiums. All of our equations will be based on the distribution func-
tion F of the duration of life; therefore, in practical situations, the cal-
culation of premiums considered below will use the estimates of F that
we have been studying in previous lectures.
Let us begin with insurance.
Whole life insurance. In the simplest possible life insurance con-
tract an individual A of age x purchases a life insurance policy, which
guarantees that the beneficiaries of the policy ...
Become an O’Reilly member and get unlimited access to this title plus top books and audiobooks from O’Reilly and nearly 200 top publishers, thousands of courses curated by job role, 150+ live events each month,
and much more.
Start your free trial

You might also like

Methods and Applications of Statistics in Clinical Trials, Volume 2: Planning, Analysis, and Inferential Methods

Methods and Applications of Statistics in Clinical Trials, Volume 2: Planning, Analysis, and Inferential Methods

N. Balakrishnan
Financial and Actuarial Statistics, 2nd Edition

Financial and Actuarial Statistics, 2nd Edition

Dale S. Borowiak, Arnold F. Shapiro

Publisher Resources

ISBN: 9781466505742