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Ageing Properties of Curtate Future Life Time

Authors:

Kanchan Jain ,

Department of Statistics, Panjab University, Chandigarh- 160014,, IN
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Harmanpreet Singh Kapoor

Department of Statistics, Panjab University, Chandigarh- 160014,, IN
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Abstract

In insurance sector, for determining the premium of an insured aged x, the insurer is interested not only in the complete future lifetime T(x), but also in the individual’s curtate future lifetime K(x) =[T(x)]. In this paper, we derive expressions for the reliability measures of K(x) and explore some of its ageing properties.

DOI: http://dx.doi.org/10.4038/sljastats.v14i1.5877

How to Cite: Jain, K. & Kapoor, H.S., (2013). Ageing Properties of Curtate Future Life Time. Sri Lankan Journal of Applied Statistics. 14(1), pp.55–84. DOI: http://doi.org/10.4038/sljastats.v14i1.5877
Published on 27 Jul 2013.
Peer Reviewed

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