Net Premiums & Reserves on Joint Life Policies: Based on the Actuaries' Table of MortalityC.C. Hine's sons Company, 1910 - 71 pages |
Common terms and phrases
$1 FIRST PAYM'T $1000 SINGLE ANNUAL 20 EQUAL 20 YEAR ENDOWMENT 60 THREE LIVES 60 TWO LIVES Addition to Younger Ages Addition AGES ANNUAL PRESENT AGES EQUAL AGES annual premium ANNUAL PRESENT VALUE ANNUITIES DUE-4 ANNUITY OF $1 COLUMNS-4 PER CENT Commutation Columns COMMUTATION COLUMNS-4 Difference of Ages DUE-4 PER CENT ENDOWMENT MEAN RESERVES-$1000-4 ENDOWMENT TERMINAL RESERVES-$1000-4 EQUAL AGES 9 EQUAL AGES EQUAL EQUAL AGES FOUR EQUAL AGES RESERVES equivalent equal age force of mortality LIVES 20 PAYMENT lives aged 30 LIVES ORDINARY LIVES-PRESENT VALUES Makeham Formula MIUMS ORDINARY LIFE MEAN ORDINARY LIFE TERMINAL payable PAYM'T IMMEDIATE SINGLE PAYM'T IMMEDIATE WHOLE PAYMENT LIFE MEAN PAYMENT LIFE TERMINAL Premiums and Annuities Premiums and Reserves PRESENT WHOLE RESERVES AT END RESERVES AT MIDDLE reserves on Joint reversionary annuities single premium TABLE OF MORTALITY TEMPORARY ANNUITIES THREE LIVES-COMMUTATION COLUMNS-4 VALUE OF ANNUITY VALUES OF TEMPORARY WHOLE LIfe Pre xxx EQUAL AGES Younger Age Difference
Popular passages
Page 12 - TABLE SHOWING THE ADDITION TO BE MADE TO THE YOUNGER OF TWO LIVES IN ORDER TO OBTAIN THE EQUIVALENT EQUAL AGES...
Page 5 - SENIORITY [Showing the addition to be made to the age of the younger of two lives in order to obtain the equivalent equal age: law of uniform seniority applicable only when both lives are age 17 or older] TABLE 38.
Page 7 - What is the present value of £120 annuity, payable during the joint lives and the life of the survivor of two...
Page 10 - ... during the joint lifetime of the two survivors, and thereafter during the lifetime of the one survivor out of the two; Second — The reversionary annuities payable after the death of the first two out of three or more lives during the lifetime of the survivor or survivors; Third — Annuities payable until the death of the last of three or more lives ; Fourth — Insurance payable at the death of the last survivor of two or more lives ; Fifth — Contingent insurances involving three or more...
Page 63 - Addition to Younger Age Difference of Age« Addition to Younger Age 1 2 3 4 5...
Page 10 - The addition to be made to the younger of the two lives in order to obtain the equivalent equal ages. These tables will enable the actuary to calculate with little difficulty Joint Life Premiums and Reserves on the Makehamized American basis with 4% interest. 77ACTUARIES' (MAKEHAMIZED) TABLE OF MORTALITY Ас, к 1 X d^ РЖ •v AGE «Ir p.