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Ageing Properties of Curtate Future Life Time Cover

Ageing Properties of Curtate Future Life Time

Open Access
|Jul 2013

Abstract

In insurance sector, for determining the premium of an insured aged x, the insurer is interested not only in the complete future lifetime T(x), but also in the individual’s curtate future lifetime K(x) =[T(x)]. In this paper, we derive expressions for the reliability measures of K(x) and explore some of its ageing properties.

DOI: http://dx.doi.org/10.4038/sljastats.v14i1.5877

Language: English
Page range: 55 - 84
Published on: Jul 27, 2013
Published by: The Institute of Applied Statistics, Sri Lanka
In partnership with: Paradigm Publishing Services

© 2013 Kanchan Jain, Harmanpreet Singh Kapoor, published by The Institute of Applied Statistics, Sri Lanka
This work is licensed under the Creative Commons License.