lapse_study: Lapse Experience Data

Description Usage Format Source Examples

Description

Lapse experience data associated with Society of Actuaries' Report on the Lapse and Mortality Experience of Post-Level Premium Period Term Plans (2014).

Usage

1

Format

Data frame with columns

lapse_study_year

Lapse study year.

duration

Duration.

gender

Gender.

issue_year

Issue year group.

issue_age

Issue age group.

face_amount

Face amount band.

post_level_premium_structure

Post level premium structure.

premium_jump_ratio

Premium jump ratio at the end of the level term.

risk_class

Risk class.

premium_mode

Premium payment mode.

exposure_amount

Exposure amount.

exposure_count

Exposure count.

lapse_amount

Lapse amount.

lapse_count

Lapse count.

policy_year

Policy year; derived as the starting year in 'lapse_study_year'.

Source

Society of Actuaries, https://www.soa.org/experience-studies/2014/research-2014-post-level-shock/

Examples

1

kasaai/insurance documentation built on Nov. 12, 2019, 11:09 a.m.