Determination of Premium Reserves for Whole Life Insurance Using the Canadian Method with Varying Premium Payment Periods
Premium reserves are essential funds prepared by insurance companies, particularly in life insurance, to cover potential future claims. These reserves are calculated based on premiums paid by policyholders and must be sufficient to meet all projected claim-related expenses. A lower reserve implies r...
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| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Universitas Sanata Dharma
2025-06-01
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| Series: | International Journal of Applied Sciences and Smart Technologies |
| Online Access: | https://e-journal.usd.ac.id/index.php/IJASST/article/view/12283 |
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