This Author published in this journals
All Journal Eksponensial
Muhammad Al-Firdaus Erdian
Laboratorium Statistika Ekonomi dan Bisnis FMIPA Universitas Mulawarman

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

Found 1 Documents
Search
Journal : Eksponensial

Penentuan Besaran Premi Asuransi Jiwa Berjangka dengan Model True Fractional Premiums Muhammad Al-Firdaus Erdian; Ika Purnamasari; Wenny Kristina
EKSPONENSIAL Vol 9 No 1 (2018)
Publisher : Program Studi Statistika FMIPA Universitas Mulawarman

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (451.092 KB) | DOI: 10.30872/eksponensial.v9i1.271

Abstract

The model of the payment of life insurance premium that can be paid more than once a year is called fractional premiums. This model consists of two types, namely true fractional premiums and apportionable premium. The true fractional premiums is divided into two models of payment of compensation, namely discrete payment model and continuous payment model. This study aims to find out the comparison of 20 years life insurance premium with true fractional premiums model based on gender and number of payments made in a year from both payment models. The data used in this research is the simulation data. Based on the research result, it is found that the amount of life insurance premium using discrete compensation payment model is cheaper than the one using the continuous payment model. While based on gender, the premium of male is more expensive than female. Based on the amount of payments made in one year, payments made each month are more expensive than the payments made each quarter and semester.