EVALUASI PREMI JOINT LIFE PASANGAN SUAMI ISTRI MENGGUNAKAN COPULA FRANK

EVALUASI PREMI JOINT LIFE PASANGAN SUAMI ISTRI MENGGUNAKAN COPULA FRANK

This paper  introduces  the joint life satatus for married  couples with independent and dependent mortality models. Using Frank copula and   Indonesia  Life Tables 2011, we evaluate the impact of dependent future lifetimes on the net single and level premium.  The results show premium rates are red...

Full description

Saved in:
Bibliographic Details
Published in:E-jurnal matematika Vol. 7; no. 1; pp. 32 - 35
Main Authors: WIDANA, I NYOMAN, ASIH, NI MADE
Format: Journal Article
Language:English
Published: Universitas Udayana 03-02-2018
Online Access:Get full text
Tags: Add Tag
No Tags, Be the first to tag this record!
Description
Summary:This paper  introduces  the joint life satatus for married  couples with independent and dependent mortality models. Using Frank copula and   Indonesia  Life Tables 2011, we evaluate the impact of dependent future lifetimes on the net single and level premium.  The results show premium rates are reduced if models of dependent future lifetime are used compared to the models using an assumption of independence.
ISSN:2303-1751
2303-1751
DOI:10.24843/MTK.2018.v07.i01.p181