Publikace: Multiple state models for Critical illness policy
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Gogola, Ján
Kopecká, Lucie
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Masarykova univerzita
Abstrakt
The main goal of this paper is to apply multiple state models for an insurancepolicy combining disability income insurance benefits and critical illness benefits. We consider a policy with term 40 years to a life aged 25 which provides a death benefit, a disability benefit and a critical illness benefit. Using the data supplied by the Continuous Mortality Investigation (CMI) we calculate the premium payable continuously for this policy.
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multiple state model, stochastic process, Markov process, critical illness,, vícestavový model, stochastický proces, Markovův proces, kritické onemocnění