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The functions of the mortality table
Annuities and annual premiums payable more
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Actuarial Notation Actuaries age at entry Age attained annual premium apply approximate assumed assumption assurance payable attaining age calculated cent chapter commutation functions compound interest continued process continuous functions curtate annuity deferred denote distributed uniformly duration Dx+t endowment assurance equal example expenses expression extra premium Faculty of Actuaries follows force of mortality formula gross premium valuation grouped according Hence Hypothetical Select Mortality IA)x incomplete gamma function instalment premiums Institute of Actuaries large number lx+t Makeham's law method multiplying normally number of lives obtained office premium outstanding portions payment Policies subject practice premium valuation premiums payable rate of interest rates of mortality relationship reserves Select Mortality Table select period select table sickness Similarly single premium special policy values symbol tabulated temporary assurance tion unit sum assured usually valuation age valuation date whole-life assurances with-profits policies yearly premium