2013 IEEE 6th International Conference on Cloud Computing (CLOUD)
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Abstract

This article establishes the endowment assurance policy model which has deposit function. In this paper, we introduce the survival annuity, increasing life insurance and repaid principal. Considering the actual investment situation of insurance premium, we establish the reflected Brownian motion model under random rates of interest. The concise expressions of formula are given in the case that death happens uniformly in every policy year.
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