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Notes on Constant and Increasing Extra Mortality

Published online by Cambridge University Press:  07 November 2014

S. C. Keppie  and
A. C. Stepney
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Synopsis

The paper deals with the types of under-average mortality which may be expressed either as a constant addition or as a fixed percentage addition to A1924-29 ultimate qx.

For various constant and percentage additions, tables are given which show:–

  • (a)The extra premiums required, for different classes of policy, in addition to A1924-29 2½ per cent. ult. net premiums.

  • (b)The level debts equivalent to certain of the extra premiums.

  • (c)The smaller extra premiums required if Double Endowment Assurances are issued in lieu of Endowment Assurances.

Type
Research Article
Information
Transactions of the Faculty of Actuaries , Volume 19 , 1950 , pp. 47 - 88
Copyright
Copyright © Institute and Faculty of Actuaries 1950

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