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LifeInsureR
View on CRAN: Click
here
Download and install LifeInsureR package within the R console
Install from CRAN:
install.packages("LifeInsureR")
Install from Github:
library("remotes")
install_github("cran/LifeInsureR")
Install by package version:
library("remotes")
install_version("LifeInsureR", "1.0.0")
Attach the package and use:
library("LifeInsureR")
Maintained by
Reinhold Kainhofer
[Scholar Profile | Author Map]
[Scholar Profile | Author Map]
All associated links for this package
First Published: 2023-11-06
Latest Update: 2023-11-06
Description:
R6 classes to model traditional life insurance
contracts like annuities, whole life insurances or endowments. Such life
insurance contracts provide a guaranteed interest and are not directly linked
to the performance of a particular investment vehicle, but they typically
provide (discretionary) profit participation. This package provides a framework
to model such contracts in a very generic (cash-flow-based) way and includes
modelling profit participation schemes, dynamic increases or more general
contract layers, as well as contract changes (like sum increases or premium
waivers). All relevant quantities like premium decomposition, reserves and
benefits over the whole contract period are calculated and potentially
exported to 'Excel'. Mortality rates are given using the 'MortalityTables' package.
How to cite:
Reinhold Kainhofer (2023). LifeInsureR: Modelling Traditional Life Insurance Contracts. R package version 1.0.0, https://cran.r-project.org/web/packages/LifeInsureR
Previous versions and publish date:
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