Term insurance net level premium reserve

Computes the Chapter 10 prospective reserve for an n-year term insurance.

Usage

tVxn1(x, n, t, i, model, ...)

Arguments

x

Issue age.

n

Term in years.

t

Duration.

i

Effective annual interest rate.

model

Survival model.

...

Additional model parameters.

Value

Numeric vector.

Examples

tVxn1(40, n = 20, t = 10, i = 0.05, model = "uniform", omega = 100)
#> [1] 0.01836757