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Introduction to Life Annuity - Life Contingencies - Lecture Notes, Study notes of Mathematical Statistics

Jaypee University of Engineering & Technology Mathematical Statistics

Its the important key points of Life Contingencies are: Introduction to Life Annuity, Preceding, Considered Payment, Contingent on Death, Different Types, Insurance, Life Annuity, Series of Payments, Months, Continuously

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2012/2013

Uploaded on 01/11/2013

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Download Introduction to Life Annuity - Life Contingencies - Lecture Notes and more Study notes Mathematical Statistics in PDF only on Docsity! Chapter 5: Life Annuity 1 of 1 Ch 5.1 Introduction to Life Annuity In the preceding chapter, we considered payment contingent on death through different types of life insurance (except for the pure endowment). Now, we will consider payments contingent on survival. A life annuity is a series of payments made continuously (5.2) or at equal intervals (5.3) (e.g years, months, etc.) while a given life survives. Docsity.com

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