Premi Asuransi Jiwa Seumur Hidup Dengan Distribusi Komposit Eksponensial-Pareto

This final project discusses the annual premium on whole life insurance for insurance participants aged x years using a composite model method that where there are parameters in the model is estimated using maximum likelihood method. Premium payments stop if the insurance participant die. The solution to the problem is to obtain by determining the annuity continuous and single premium, the…