NEWS

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LifeInsureR 1.0.2

• Add debug flag GUI with method LIC_debug_configure()
  • First steps for company-specific templating
  • License change to MIT license
  • Improved helper function expect_equal_abs for unit test cases
  • Some more helper functions for profit calculation
  • New flag/parameter profitAttributionAtExpiration
  • New flag/parameter surrenderPenaltyOnPremiumWaiver to indicate whether the surrender penalty is applied to premium waivers, too
  • Allow policyperiod=Inf -> The policy term will be cut at the maximum age of the life table
  • New flag/parameter hasPremiumWaiver and hasSurrender
  • New copy method, which creates deep copies of child blocks -> contract$copy() must be used rather than contract$clone()

LifeInsureR 1.0.1 (2025-06-14)

• New parameters:
  • survivalBenefit: Generalize survival benefit vectors (previously: unit CF 1 at end of contract)
  • gammaInZillmer: As a company-specific feature, include gamma costs (but not beta) in the Zillmer premium
  • Improve test case generation: Also generate code to export sample contract to Excel
  • Add feature to round intermediate value using a RoundingHelper class (stored in Parameters$Hooks$Rounding)
  • Fix: InsuranceContract$addBlock now ensures that unique IDs are used for existing rider contracts

LifeInsureR 1.0.0 (2023-11-06)

• Renamed package from LifeInsuranceContracts to LifeInsureR