CD Skripsi
Cadangan Prospektif Asuransi Jiwa Dwiguna Joint Life Menggunakan Model Copula Joe
Life insurance is a protection program for individuals or families from death that can cause financial loss. Insurance companies need to calculate reserves to prepare funds when participants request a claim. This final project discusses the prospective reserve of joint life endowment life insurance for two insurance participants who are x and y years old by using Joe copula model. The solution of this problem is obtained by determining the initial life annuity joint life temporary, single premium, and annual premium, then the prospective reserve formula is obtained based on Joe copula model. Calculations in this final project use RStudio and Microsoft Excel software. The prospective reserves for joint life endowment life insurance using Joe copula model are larger than prospective reserve for joint life endowment life insurance using the Indonesian Mortality Table IV.
Keywords: Joe copula model, prospective reserve, endowment life insurance, joint life
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