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Term Life Insurance and Death Probability

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Uploaded by on Apr 18, 2011

Understanding an insurance company's sense of my chances of dying.

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Education

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LICENSE: Creative Commons (Attribution-Noncommercial-No Derivative Works).

For more information about this license, please read: http://creativecommons.org/licenses/by-nc-nd/3.0/.

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Top Comments

  • Another one on the way? Congratulations!!

  • i <3 actuarial :D

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All Comments (11)

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  • pls could any one help me in downloading this video... i donno how to do......

  • Thanks a lot Sal. I was expecting a lot more complex example rather than such a simplistic one

  • Sal, I think you should do a more detailed life insurance example incorporating the fact that if you die, you stop paying premiums

  • thanks

  • Nice and easy, clear as always. Though this really needs to take discount rate in account. Though that would be complex. Wouldn't you also need a distribution of when during those 20 years there would be one less Sal's among come think of it? It would be more likely during the last years after all. maybe a good reason not to do it more advanced I guess:D

  • Hey Sal, even I found listening to this a bit morbid. It flashes not so pleasant pictures in my mind. May be you can do another similar video with some different analogy and not talk of your death. But really informative video. Always a pleasure listening to you! Thanks.

  • sal, can you do a time value adjustment version?

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