pol_yr: Calculate policy duration

In actxps: Create Actuarial Experience Studies: Prepare Data, Summarize Results, and Create Reports

Calculate policy duration

Description

Given a vector of dates and a vector of issue dates, calculate policy years, quarters, months, or weeks.

Usage

pol_yr(x, issue_date)

pol_qtr(x, issue_date)

pol_mth(x, issue_date)

pol_wk(x, issue_date)

Arguments

x	A vector of dates
issue_date	A vector of issue dates

Details

These functions assume the first day of each policy year is the anniversary date (or issue date in the first year). The last day of each policy year is the day before the next anniversary date. Analogous rules are used for policy quarters, policy months, and policy weeks.

Value

An integer vector

Examples

pol_yr(as.Date("2021-02-28") + 0:2, "2020-02-29")

pol_mth(as.Date("2021-02-28") + 0:2, "2020-02-29")

actxps documentation built on June 26, 2024, 9:07 a.m.