Fully continuous increasing n-year term insurance

Computes $$(\bar{I}\bar{A})_{x:\overline{n}|}^{1} = \int_0^n t v^t {}_tp_x \mu_{x+t}\,dt.$$

Usage

IbarAbarxn1(x, n, i, model, ...)

Arguments

x

Age.

n

Term.

i

Effective annual interest rate.

model

Parametric survival model.

...

Additional model parameters.

Value

Numeric vector.