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For a simple term insurance product, this interactive playground calculates and visualizes actuarial cashflows

🎥 Video: on Youtube watch me sense-check the Premium calculation and explore cross-subsidies (7mins)

🧪 Experimental: inspect and tweak calculang formulas under 💬


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action-tweeks

model point ⚙️ yo , € SA

duration 📣 drag me ↔️ 👉 :

expenses & commissions ⚙️

acquisition expenses , maintenance expenses p.a. payable monthly, inflating by p.a. from policy start

commissions of first of premiums

📣 drag me ↔️ ☝️
stresses ⚙️

one-year mortality shock

Maintenance expenses assumption factor , additional inflation rate p.a.

📣 drag me ↔️ ☝️
lapse rate assumption ⚙️

lapse rate ƒ

pricing ⚙️ & premium calc 🔍

Premium rates are derived from expected claims with an loading, based on discounted present values


⚠️ Disclaimer: The assumptions, methodology, limitations and issues of a model should be carefully considered for any purpose you apply it to.

I haven’t noted these for this Playground: which is presented for demonstration, education & applied research purposes. Use with caution 🙏

See ❓ tab for technical notes!

☎️ To provide feedback or else for customised/purpose-built models and modelling training/research access, get in touch.

📜 free and open source software licensed under the AGPLv3 on GitHub | CalcWithDec.dev



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