Title

Expressions for Life Insurance and Life Annuities and How They are Related

Presenter Information

Nathan Rindlisbacher

Document Type

Oral Presentation

Location

SURC 202

Start Date

16-5-2013

End Date

16-5-2013

Abstract

In this presentation, I will be going through the various types of life insurance policies and their actuarial notations. As students graduate from college, get married, or have children, life insurance becomes an increasingly important consideration. There are many different types of life insurance contracts offered, so it can be confusing when trying to choose the best policy for a particular lifestyle. I will present the basic contracts, such as whole life or endowment insurance, in both their insurance contract and annuity forms, and explain how the notation works and how they relate to one other through formulas and theory. It is my hope that the audience will have a firmer understanding of life insurance and how companies offer their insurance contracts.

Faculty Mentor(s)

Yvonne Chueh

Additional Mentoring Department

Actuarial Science

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May 16th, 10:10 AM May 16th, 10:30 AM

Expressions for Life Insurance and Life Annuities and How They are Related

SURC 202

In this presentation, I will be going through the various types of life insurance policies and their actuarial notations. As students graduate from college, get married, or have children, life insurance becomes an increasingly important consideration. There are many different types of life insurance contracts offered, so it can be confusing when trying to choose the best policy for a particular lifestyle. I will present the basic contracts, such as whole life or endowment insurance, in both their insurance contract and annuity forms, and explain how the notation works and how they relate to one other through formulas and theory. It is my hope that the audience will have a firmer understanding of life insurance and how companies offer their insurance contracts.