Abstract
Under a life insurance contract the benefit insured consists of a single payment, the sum insured. The time and amount of this payment may be functions of the random variable T that has been introduced in Chapter 2. Thus the time and amount of the payment may be random variables themselves.
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© 1997 Springer-Verlag Berlin Heidelberg
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Gerber, H.U. (1997). Life Insurance. In: Life Insurance Mathematics. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-662-03460-6_3
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DOI: https://doi.org/10.1007/978-3-662-03460-6_3
Publisher Name: Springer, Berlin, Heidelberg
Print ISBN: 978-3-642-08285-6
Online ISBN: 978-3-662-03460-6
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