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Reinhold Kainhofer's avatar
Reinhold Kainhofer authored
Annuities: For lifelong annuities, implement survival payment at the end of the final year of the lift table (only relevant if final qx<0).
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The LifeInsuranceContracts Package For Traditional Life Insurance with Guarantee and Profit Participation

R package implementing general life insurance contracts

This package R6 classes to model traditional life insurance contracts like annuities, whole life insurances or endowments. All relevant quantities like premium decomposition, reserves and benefits over the whole contract period are calculated and potentially exported to excel. Mortalities are given using the MortalityTables package.