An algorithm on premium calculation of individual life insurance
Date of Publication
1990
Document Type
Bachelor's Thesis
Degree Name
Bachelor of Science in Applied Mathematics
College
College of Science
Department/Unit
Mathematics and Statistics
Abstract/Summary
This thesis quantitatively formulates a mathematical program for the premium computation of individual life insurance. It discusses various concepts in actuarial science vital to a conceptual understanding of the equations involved. The algorithm calculates for the net single premium, annual premium, gross annual premium and fractional premium of whole, term and endowment life insurance. The menu-driven program takes into account the 1958 CSO Mortality Table and is written into Turbo Pascal (version 4.0).
Abstract Format
html
Language
English
Format
Accession Number
TU05848
Shelf Location
Archives, The Learning Commons, 12F, Henry Sy Sr. Hall
Physical Description
128 leaves
Keywords
Algorithms; Programming (Mathematics); Insurance, Life--Rates and tables; Insurance, Life--Premiums
Recommended Citation
Licas, C. S., & Galido, F. (1990). An algorithm on premium calculation of individual life insurance. Retrieved from https://animorepository.dlsu.edu.ph/etd_bachelors/16012
