multidecrins: Multiple decrement life insurance

In lifecontingencies: Financial and Actuarial Mathematics for Life Contingencies

Multiple decrement life insurance

Description

Function to evaluate multiple decrement insurances

Usage

Axn.mdt(object, x, n, i, decrement)

Arguments

object	an mdt or actuarialtable object
x	policyholder's age
n	contract duration
i	interest rate
decrement	decrement category

Value

The scalar representing APV of the insurance

Warning

The function is experimental and very basic. Testing is still needed. Use at own risk!

Examples

#creates a temporary mdt
myTable<-data.frame(x=41:43,lx=c(800,776,752),d1=rep(8,3),d2=rep(16,3))
myMdt<-new("mdt",table=myTable,name="ciao")
Axn.mdt(myMdt, x=41,n=2,i=.05,decrement="d2")

lifecontingencies documentation built on July 9, 2023, 6:10 p.m.