Research On Actuarial Model Of The Marriage And Family Joint Insurance

The joint-life insurance of a couple is one of the most common family joint insurance,it is insured by couples after marriage,and bases on their marital relationship's continuation.However,if the couple divorced during the period of the insurance,the insurance interest between them will not exist,which will have a certain impact on the pricing of the insurance.So it is very necessary to consider the existence of marital relationship in the pricing of joint-life insurance.Therefore,this paper constructs a marriage and family joint insurance model based on the continuation of couple's marital relationship.On the basis of the comparative analysis of marriage insurance's development at home and abroad and the actuarial basis of joint insurance,this paper uses statistical analysis method and insurance actuarial technology,first,take the existence of newly married couple's marriage relationship as the insurance target,to set up two types of marriage insurance models different from our traditional meaning,and get their actuarial present value under fixed interest rates.Secondly,on the research foundation of marriage insurance models,take continuation of newly married couple's marital relationship into the joint-life insurance which insured by them jointly,that is,the marriage and family joint insurance,and their actuarial present value is obtained under the conditions of the fixed interest rate and the remaining life independence between life bodies.Finally,the feasibility and practical value of all the models in this paper are illustrated by application analysis.