Abstract
An insurance policy specifies on the one hand the benefits payable by the insurer (benefits may consist of one payment or a series of payments, see Chapters 3 and 4), and on the other hand the premium(s) payable by the insured. Three forms of premium payment can be distinguished:
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1.
One single premium,
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2.
Periodic premiums of a constant amount (level premiums),
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3.
Periodic premiums of varying amounts.
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© 1990 Springer-Verlag Berlin Heidelberg
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Gerber, H.U. (1990). Net Premiums. In: Life Insurance Mathematics. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-662-02655-7_5
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DOI: https://doi.org/10.1007/978-3-662-02655-7_5
Publisher Name: Springer, Berlin, Heidelberg
Print ISBN: 978-3-662-02657-1
Online ISBN: 978-3-662-02655-7
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