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Life Insurance

  • Hans U. Gerber

Abstract

Under a life insurance contract the benefit insured consists of a single payment, the sum insured. The time and amount of this payment may be functions of the random variable T that has been introduced in Chapter 2. Thus the time and amount of the payment may be random variables themselves.

Keywords

Life Insurance Recursion Formula Standard Type Term Insurance Alternative Formula 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Springer-Verlag Berlin Heidelberg 1995

Authors and Affiliations

  • Hans U. Gerber
    • 1
  1. 1.Ecole des H. E. C.Université de LausanneLausanneSwitzerland

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