You are not currently logged in.
Access JSTOR through your library or other institution:
If You Use a Screen ReaderThis content is available through Read Online (Free) program, which relies on page scans. Since scans are not currently available to screen readers, please contact JSTOR User Support for access. We'll provide a PDF copy for your screen reader.
Flexible Income Programming
Terry Rose and Robert I. Mehr
The Journal of Risk and Insurance
Vol. 47, No. 1 (Mar., 1980), pp. 44-60
Published by: American Risk and Insurance Association
Stable URL: http://www.jstor.org/stable/252681
Page Count: 17
You can always find the topics here!Topics: Life insurance, Annuities, Net income, Inflation rates, Age, Insurance coverage, Insurance providers, Mortgage loans, Annuity payments, Insurance expenses
Were these topics helpful?See somethings inaccurate? Let us know!
Select the topics that are inaccurate.
Since scans are not currently available to screen readers, please contact JSTOR User Support for access. We'll provide a PDF copy for your screen reader.
Preview not available
This study develops a process for determining amounts of life insurance required to meet the survivors' needs for postdeath income which exceed amounts available from such sources as social security, earnings of the surviving spouse, and personal services. Inflation rates and earnings patterns of the predeath and postdeath periods are considered in the process of dynamic income programming developed in this paper. The amount of life insurance required each year and their premiums over the program's life are generated by a computer. The postdeath income benefits are expressed as a geometrically increasing life annuity.
The Journal of Risk and Insurance © 1980 American Risk and Insurance Association