xmlui.ArtifactBrowser.SimpleSearch.filter.source:European Financial Systems 2018 : Proceedings of the 15th International Scientific Conference
xmlui.ArtifactBrowser.SimpleSearch.filter.eventEuropean Financial Systems 2018 (25.06.2018 - 26.06.2018, Brno)
Abstract:
The main objective of our contribution is to apply stochastic processes for disability policy that gives annuity benefit in case of temporary or permanent disability. We apply durational effect to the disable state, by splitting it into several states. Using the data supplied by the Continuous Mortality Investigation (CMI) we calculate the single and annual premiums for that policy.
