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Financial and Insurance Formulas pp 165–194Cite as

Classical Life Insurance

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Abstract

Chapter 18 contains formulas of classical life insurance: 18.1. Basic Concepts of Life Insurance, 18.2. Symbols and Calculation Principles of Life Insurance, 18.3. Technical Provisions in Life Insurance, 18.4. Pure Endowments, 18.5. Whole Life and Term Insurance, 18.6. Further Products of Capital Life Insurance, 18.7. Life Annuities, 18.8. Multiple Life Insurance, 18.9. Premium Reserve and Its Implications, 18.10. Medical Underwriting.

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Further Reading

  • Black, K., Skipper, H.D.: Life Insurance. Prentice-Hall, Englewood Cliffs, NJ (1994)

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  • Booth, P., Chadburn, R.., Cooper, D., Haberman, S., James, D.:Modern Actuarial Theory and Practice. Chapman and Hall /CRC, London (1999)

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  • Bowers, N.L. et al.: Actuarial Mathematics. The Society of Actuaries, Itasca, IL (1986)

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  • Gerber, H.U.: Lebensversicherungsmathematik. Springer, Berlin (1986) (English translation: Life Insurance Mathematics. Springer, Berlin (1990))

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  • Koller, M.: Stochastische Modelle in der Lebensversicherung. Springer, Berlin (2000)

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  • Milbrodt, H., Helbig, M.: Mathematische Methoden der Personenversicherung. DeGruyter, Berlin (1999)

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  • Neill, A.: Life Contingencies. Heinemann, London (1977)

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  • Parmenter, M.M.: Theory of Interest and Life Contingencies, with Pension Applications. ACTEX Publications, Winsted and New Britain, CT (1988)

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  • Reichel, G.: Mathematische Grundlagen der Lebensversicherung. Volumes 3, 5 and 9 of the series Angewandte Versicherungsmathematik der DGVM. Verlag Versicherungswirtschaft, Karlsruhe (1975, 1976, 1978)

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  • Teugels, J., Sundt, B. (eds.): Encyclopedia of Actuarial Science. Wiley, New York (2004)

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  • Wolff, K.-H.: Versicherungsmathematik. Springer, Wien, Austria (1970)

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  • Wolfsdorf, K.: Versicherungsmathematik (Teil 1: Personenversicherung). Teubner, Stuttgart, Germany (1997)

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Authors and Affiliations

  1. Dept. of Statistics, Faculty of Mathematics and Physics, Charles University of Prague, Sokolovska 83, 186 75, Prague, Czech Republic

    Tomas Cipra

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  1. Tomas Cipra
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Correspondence to Tomas Cipra .

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Cipra, T. (2010). Classical Life Insurance. In: Financial and Insurance Formulas. Physica, Heidelberg. https://doi.org/10.1007/978-3-7908-2593-0_18

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