CADANGAN COMMISSIONERS DAN CADANGAN ILLINOIS ASURANSI JIWA DWIGUNA BERDASARKAN HUKUM MAKEHAM

Abstract

This article discusses the commissioners reserve and Illinois reserve for endowment life insurance. Commissioners reserve and Illinois reserve are the calculation of modified premium reserve using prospective reserve and has its own premium payment period. This calculation is carried out by determining life annuity, single premium, and annual premium in advance based on Makeham’s law.