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Probability of LTC Ruin?
with specific assumptions for voluntary lapse, mortality and morbidity. We're going to break it out between ... since most people are used to using that for mortality. So, q is the probability of any of these assumptions ...- Authors: Janet Perrie, Daniel Bret Cathcart, Amy Pahl
- Date: May 2004
- Competency: Technical Skills & Analytical Problem Solving>Innovative solutions
- Publication Name: Record of the Society of Actuaries
- Topics: Long-term Care>Long-term care insurance; Modeling & Statistical Methods>Stochastic models