DetLifeInsurance0.1.3 package

Life Insurance Premium and Reserves Valuation

A.

Life Insurance

a

Life Annuities

ACont.

Continuous Life Insurance

aCont

Continuous Life Annuities

AD.

Decreasing Life Insurance

aD

Decreasing Life Annuities

af

Present Value of An Annuity

Am.

Life Insurance of a group

am

Life Annuities for a group

Av.

Varying Life Insurance: Arithmetic Progression

av

Varying Life Annuities: Arithmetic Progression

Avg.

Varying Life Insurance: Geometric Progression

avg

Varying Life Annuities: Geometric Progression

E

Pure Endowment

Em

Group Pure Endowment

Fractional_table

Fractional table of mortality

JointSurvival

Joint Survival Probability

Loan_amortization

Loan Amortization

Payment_Protection

Payment Protection

PremiumFrac

Fractional Premium

qfrac

Fractional Probability of Death

Rate_converter

Interest & Discount Rate Converter

sf

Future Value of an Annuity

Survival

Survival Probability

Table_Dormoy

Dormoy's Law of Mortality Table Creator

Table_Gompertz

Gompertz's Law of Mortality Table Creator

Table_Makeham

Makeham's Law of Mortality Table Creator

Table_Moivre

de Moivre's Law of Mortality Table Creator

V_A.

Reserve for Life Insurance

V_a

Reserve Valuation for Life Annuities

V_AD.

Reserve Valuation for Decreasing Life Insurance

V_aD

Reserve Valuation for Decreasing life annuities

V_Av.

Reserve Valuation for Varying Life Insurance: Arithmetic Progression

V_av

Reserve Valuation for Varying Life Annuities: Arithmetic Progression

V_Avg.

Reserve Valuation for Varying Life Insurance: Geometric Progression

V_avg

Reserve Valuation for Varying Life Annuities: Geometric Progression

V_E

Reserve Valuation for Pure Endowments

V_Payment_Protection

Reserve valuation for Payment Protection

Methods for valuation of life insurance premiums and reserves (including variable-benefit and fractional coverage) based on "Actuarial Mathematics" by Bowers, H.U. Gerber, J.C. Hickman, D.A. Jones and C.J. Nesbitt (1997, ISBN: 978-0938959465), "Actuarial Mathematics for Life Contingent Risks" by Dickson, David C. M., Hardy, Mary R. and Waters, Howard R (2009) <doi:10.1017/CBO9780511800146> and "Life Contingencies" by Jordan, C. W (1952) <doi:10.1017/S002026810005410X>. It also contains functions for equivalent interest and discount rate calculation, present and future values of annuities, and loan amortization schedule.

  • Maintainer: Joaquin Auza
  • License: GPL-3
  • Last published: 2020-09-12