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The Measurement of Mortality
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Actuarial Notation Actuaries age at death annual premium annuity values annuity-due approximation assuming assumption attaining age average age Ax+t basis calculated cash value Chapter commutation functions contingent insurance death benefit death occurs decreasing decrement table deferred definite integral denoted derived Dx+t endowment policy evaluation example face amount force of mortality formula fractional premiums given gross premium Ia)x iiiii immediate annuity insurance payable integral issued at age joint-life functions joint-life status last-survivor level premium Makeham's law mathematical mium mortality table multiple-decrement table n-year notation number of deaths number of lives obtained premium payable premium-paying period present value probability provides pure endowment radix rate of interest rate of mortality reversionary annuity Show single premium single-life Society of Actuaries survival function survivor term insurance terminal reserve tion uniform distribution uniform seniority value at age whole life insurance