Net Premiums – Whole Life and Term Insurance, Endowments, Deferred Life Annuities, Premiums Paid m Times a Year, Policies with Premium Refund.
Net Premium Reserves – The Survival Risk, Net Reserve Premium for Whole Life, Net Premiums Reserve at Fractional Duration, Allocation of the Overall Loss to Policy Years,
Technical Gain, Procedure for Endowment and The Continuous Model. Multiple Decrements – An Introduction. Multiple Life Insurance.
Course Code:
ACT 304
No. of Credits:
3
Level:
Level 300
Course Semester:
Second Semester
Pre-requisite:
ACT 301
Select Programme(s):
Actuarial Science