Using the LifeInsureR Package9 months ago
General Overview of the Concepts | A simple example: Term life insurance | Product description | Tariff implementation (InsuranceTarif) | Creating a contract | Creating tables with various parameters | All possible parameters | Tarif and Contract Specification | Creating the tariff | Sample tariffs for the most common life insurance types | Determining Sum Insured from the premium | Providing additional capital at contract inception | Premium Waivers | Calculation Approach | Valuation | Cash Flows | Cost structure | Frequency charges | Security loadings | Rounding values | Creating premium and contract grids | Exporting contract data to Excel | Creating examples for the Austrian Financial Market Authority | Contracts combining multiple contract layers / slices | Dynamic increases | General biometric riders | Extending a contract beyond its maturity | Handling contracts with increases | Fixed yearly premium increases | Fixed yearly benefit increases with constant premium | Dynamic Increases | Profit participation | Advance profit participation (premium rebate) | The ProfitParticiption class | Existing functions to use | Example profit scheme | Using the profit scheme in a tariff or contract | Modifying the default calculation approach | Debugging LifeInsureR-based Tariffs
