InsuranceContract.ParametersFill

Initialize the insurance contract parameters from the passed
arguments. Arguments not given are left unchanged. If no existing parameter
structure is given, an empty (i.e. all NULL entries) structure is used.

R6 classes to model traditional life insurance
contracts like annuities, whole life insurances or endowments. Such life
insurance contracts provide a guaranteed interest and are not directly linked
to the performance of a particular investment vehicle, but they typically
provide (discretionary) profit participation. This package provides a framework
to model such contracts in a very generic (cash-flow-based) way and includes
modelling profit participation schemes, dynamic increases or more general
contract layers, as well as contract changes (like sum increases or premium
waivers). All relevant quantities like premium decomposition, reserves and
benefits over the whole contract period are calculated and potentially
exported to 'Excel'. Mortality rates are given using the 'MortalityTables' package.

Reinhold Kainhofer

LifeInsureR

Modelling Traditional Life Insurance Contracts

InsuranceContract.ParametersFill function

<dl><dt>params</dt>
<dd>Initial values of the insurance contract parameters. (default: empty parameter structure)</dd>
<dt>costs, minCosts, ...</dt>
<dd>Values for any of the entries in the insurance contract
parameter structure. These values take precedence over the
initial parameters provided in <code>params</code>.</dd></dl>

Arguments

Initialize the insurance contract parameters from passed arguments — InsuranceContract.ParametersFill

<dl>

<dt>params</dt>
<dd>Initial values of the insurance contract parameters. (default: empty parameter structure)</dd>


<dt>costs, minCosts, ...</dt>
<dd>Values for any of the entries in the insurance contract
parameter structure. These values take precedence over the
initial parameters provided in <code>params</code>.</dd>

</dl>

InsuranceContract.ParametersFill: Initialize the insurance contract parameters from passed arguments

Description

Usage

Arguments