This article discusses the New Jersey method for adjusted reserve of term life insurance using Makeham distribution. In this project, life annuity due and premium for term life insurance obtained based on Makeham law of ...

This paper discusses a single premium of term life insurance using interest rate Vasicek model. The calculation of premium in this model is affected by the equilibrium point of interest rate β and the acceleration of ...

This article discusses the premium of life insurance of the last survivor status with life appourtunity using Gompertz distribution. In this article, insurance clients are limited to only two persons who are x and y years ...

This article formulates the term life insurance premium with a uniform assumption for multiple decrement cases limited by two cases. Premium calculation is obtained by determining the life annuity rst and the single ...