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Life Insurance II

Course Code

AK3285

Number of Credits

3

Semester

Course Type

Study Material

Study MaterialDepth
Policy valuesExpert
Multiple state modelsExpert
Multiple decrement modelsExpert
Joint life and last survivor benefitsExpert

Graduate Learning Outcomes (GLO) carried by the course

CPMK CodeCourse Learning Outcomes Elements (CLO)
CPMK 1Have the ability to calculate reserves (liabilities) for various traditional life insurance products;
CPMK 2Have the ability to be able to understand the model "Multiple States", which is a model that can be used if there is more than one state which causes death; or if someone is instate "sick", there is a possibility that someone will recover. Has the ability to determine premiums and reserves if the cause of death is not only natural death (old age) but can also be caused by other factors, such as critical illness.
CPMK 3Have the ability to determine the premium for an insurance contract"Joint Life", for example for husband and wife couples

Learning Method

  • 1. Lecture 2. Group Discussion

Learning Modality

  • 1. Face to face (Offline) 2. Asynchronous/Online

Assessment Methods

  • 1. Written Exam 2. Assignments or Homework