PENENTUAN CADANGAN PREMI UNTUK ASURANSI JOINT LIFE

  • NI LUH PUTU RATNA DEWI Faculty of Mathematics and Natural Sciences, Udayana University
  • I NYOMAN WIDANA Faculty of Mathematics and Natural Sciences, Udayana University
  • DESAK PUTU EKA NILAKUSMAWATI Faculty of Mathematics and Natural Sciences, Udayana University

Abstract

Premium reserve is a number of fund that need to be raised by insurance company in preparation for the payment of claims. This study aims to get the formula of premium reserve as well as the value of the premium reserve for joint life insurance by using retrospective calculation method. Joint life insurance participants in this study are limited to 2 people. Calculations in this study is using Indonesian Mortality Table (TMI) 2011, joint life mortality tables, commutation tables, value of annuities, value of single premiums and constant annual premium and using constant interest rates of 5%. The results showed that by using age of the participant insurance joint life of x = 50 and y = 45 years and the premium payment period of t = 10 years, we obtained that the value of premium reserve from the end of the first year until theĀ  end of the 11th year has increased every year, while the value of premium reserves from the end of the 12th year and so on until a lifetime has decreased every year.

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Author Biographies

NI LUH PUTU RATNA DEWI, Faculty of Mathematics and Natural Sciences, Udayana University
Mathematics Department, Faculty of Mathematics and Natural Sciences, Udayana University
I NYOMAN WIDANA, Faculty of Mathematics and Natural Sciences, Udayana University
Mathematics Department, Faculty of Mathematics and Natural Sciences, Udayana University
DESAK PUTU EKA NILAKUSMAWATI, Faculty of Mathematics and Natural Sciences, Udayana University
Mathematics Department, Faculty of Mathematics and Natural Sciences, Udayana University
Published
2016-01-30
How to Cite
DEWI, NI LUH PUTU RATNA; WIDANA, I NYOMAN; NILAKUSMAWATI, DESAK PUTU EKA. PENENTUAN CADANGAN PREMI UNTUK ASURANSI JOINT LIFE. E-Jurnal Matematika, [S.l.], v. 5, n. 1, p. 32-37, jan. 2016. ISSN 2303-1751. Available at: <https://ojs.unud.ac.id/index.php/mtk/article/view/18719>. Date accessed: 21 nov. 2024. doi: https://doi.org/10.24843/MTK.2016.v05.i01.p118.
Section
Articles

Keywords

Joint Life Insurance; Premium Reserve; Retrospective

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