PREMI ASURANSI JIWA BERJANGKA MENGGUNAKAN MODEL TINGKAT BUNGA VASICEK

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2014-03-25

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Abstract

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 interest rate wich lead to the equilibrium point α. The Values of β and α are obtained using estimation of maximum likelihood method of Vasicek model. Futhermore, a numerical example is given to explain the problem discussed

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maximum likelihood methods, premium, vasicek model

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