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A General Treatment of Insurance for Face Amount Plus Reserve or Cash Value
(1 + i )x (M ' - -M ' j, CV v i` z+h .+~)= • . (17) Moreover, since the death benefit is equal to ... +Pa:~= A~:q+hCV.hE . (18) By eliminating ~,CV from (17) and (18), we obtain A x~:~-oC V +hE, [ k C V " ...- Authors: Franklin C Smith
- Date: Nov 1964
- Competency: Technical Skills & Analytical Problem Solving
- Publication Name: Transactions of the SOA
- Topics: Life Insurance>Whole life
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The Use of Continuous Functions with the Retirement Endowment Plan - Actuarial Note
k) Dx+k+x : - : - +~a+~:~- 1,oooX~:._--vl (17) f (n -- a) D,+o - - f (n -- k -- 1 ) D~+k+l ... Multiple Decrement Theory," TSA VIII, equations (16), (17), developed a similar although more general result ...- Authors: Franklin C Smith
- Date: Nov 1961
- Competency: External Forces & Industry Knowledge
- Publication Name: Transactions of the SOA
- Topics: Annuities>Pricing - Annuities; Pensions & Retirement>Assumptions and methods
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Commissioners Reserves and Minimum Cash Values using Continuous Functions - Actuarial Note
Commissioners Reserves and Minimum Cash Values using Continuous Functions - Actuarial Note This actuarial ... :~ ~= (16) a = ~ -- [19P(A.+,) -- P(A.,:~)]. (17) By use of formulas (7), (8) and (9) we can show ...- Authors: Franklin C Smith
- Date: Nov 1961
- Competency: Technical Skills & Analytical Problem Solving
- Publication Name: Transactions of the SOA
- Topics: Life Insurance>Reserves - Life Insurance; Life Insurance>Non-forfeiture benefits
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Payment of Cash Value in Addition to Face Amount
Payment of Cash Value in Addition to Face Amount Discussion of the process for determining the premium for a life ... . . . . . . 15 . . . . . . 16 . . . . . . 17 . . . . . . 18 . . . . . . 19 . . . . . .- Authors: Melvin L Gold, Cecil J Nesbitt, David T Wilson, Franklin C Smith, Application Administrator
- Date: Oct 1963
- Competency: Technical Skills & Analytical Problem Solving>Process and technique refinement
- Publication Name: Transactions of the SOA
- Topics: Life Insurance>Pricing - Life Insurance