Article Per Year (5 Year)
p-Index From 2020 - 2025
0.23
P-Index
This Author published in this journals
All Journal Journal of Mathematics UNP
Peni Erawati
Universitas Negeri Padang
Computer Science & IT Decision Sciences, Operations Research & Management Mathematics

Published : 1 Documents Claim Missing Document
Claim Missing Document
Check
Articles

Found 1 Documents
Search

 1 
Penentuan Premi Asuransi Jiwa Berjangka Status Last Survivor Menggunakan Model GFGM-Type II Copula Peni Erawati; Muhammad Subhan
Journal of Mathematics UNP Vol 7, No 2 (2022): Journal Of Mathematics UNP
Publisher : UNIVERSITAS NEGERI PADANG

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (317.176 KB) | DOI: 10.24036/unpjomath.v7i2.12570

Abstract

The last survivor status of term life insurance is multiple life insurance whose benefits are paid by the insurance company to the heirs if all policyholders have died within a predetermined period of time. The risk of death of a married couple is usually assumed to be independent of each other. But in fact there is a relationship between the risk of death for the couple. The method that can be used to determine the premium for married couples with the assumption of independence is the GFGM-Type II Copula method. The purpose of this study is to determine the formulation of the last survivor term life insurance premium using the GFGM-Type II Copula method. The results obtained from this study are the formulation of the last survivor term life insurance premium using the GFGM-Type II Copula method. Based on the simulation results, it is concluded that the last survivor term life insurance premium calculated with the assumption of independence is smaller than using GFGM-Type II copula Copula.
Co-Authors Muhammad Subhan