CD Skripsi
Premi Asuransi Jiwa Berjangka Contingent Berdasarkan Hukum Makeham
ABSTRACT
This final project formulates premium of contingent term life insurance based
on Makeham’s law for two persons at the age x and y years old. Contingent
life insurance is an insurance whose payment are based on the sequence of
the deceased insured. In determining the order in which death is delayed, the
compound contingent function is used. In this final project, term life annuity
m times of payment, net single premium of contingent term life insurance, and
premium of contingent term life insurance are obtained based on Makeham’s
law of mortality. Thus it is obtained that annual premium of contingent term
life insurance with m times of payment in a year is greater than annual premium
of contingent term life insurance without m times of payment.
Keywords: Makeham’s law, contingent term life insurance, compound contingent
function, premium, term life annuity
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