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

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

Usage

Abaryx1(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

Abaryx1(40, 50, i = 0.05, model = "uniform", omega = 100)
#> [1] 0.2761441