deathBenefit.linearDecreasing {LifeInsureR}

Describes the death benefit of a linearly decreasing whole life insurance (after a possible deferall period)

Description

The death benefit will be the full sumInsured for the first year after the deferral period and then decrease linearly to 0 at the end of the policyPeriod. This can be used with the deathBenefit parameter for insurance contracts, but should not be called directly.

Usage

deathBenefit.linearDecreasing(len, params, values)

Arguments

len

The desired length of the Cash flow vector (can be shorter than the policyPeriod, if q_x=1 before the end of the contract, e.g. for life-long insurances)

params

The full parameter set of the insurance contract (including all inherited values from the tariff and the profit participation)

values

The values calculated from the insurance contract so far

Value

vector of linearly decreasing benefits over the whole insurance coverage period