Net Premiums

Hans U. Gerber
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Hans U. Gerber: Université de Lausanne, Ecole des H. E. C.

Chapter Chapter 5 in Life Insurance Mathematics, 1990, pp 49-57 from Springer

Abstract: Abstract An insurance policy specifies on the one hand the benefits payable by the insurer (benefits may consist of one payment or a series of payments, see Chapters 3 and 4), and on the other hand the premium(s) payable by the insured. Three forms of premium payment can be distinguished: 1. One single premium, 2. Periodic premiums of a constant amount (level premiums), 3. Periodic premiums of varying amounts.

Keywords: Interest Rate; Life Insurance; Insurance Policy; Premium Payment; Stochastic Interest Rate (search for similar items in EconPapers)
Date: 1990
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DOI: 10.1007/978-3-662-02655-7_5

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