MENENTUKAN NILAI CADANGAN YANG DISESUAIKAN PADA ASURANSI JIWA BERJANGKA BERPASANGAN DENGAN METODE ILLINOIS

Abstract

Prospective reserve of term life insurance pairwise is determined by using the assumptions of net premiums which is influenced by the agent commission fee on life insurance companies. In this paper, a prospective reserve is determined by using the method of Illinois with a maximum reserve limit of 20 years cost with the adjusted premiums assumption.