Continuous contingent insurance: benefit on death of (x) if before (y)

Computes \(\overline{A}_{xy}^{1} = \int_0^\infty v^t\,{}_tp_{xy}\mu_{x+t}\,dt\).

Usage

Abarxy1(x, y, i, tbl = NULL, model = NULL, ...)

Arguments

x

Age of first life.

y

Age of second life.

i

Effective annual interest rate.

tbl

Life table.

model

Survival model.

...

Additional model parameters.

Value

Numeric vector.

Examples

Abarxy1(40, 50, i = 0.05, model = "uniform", omega = 100)
#> [1] 0.2137821