Life Insurance Products Valuation in R

Beginner

Updated 12/2024

Learn the basics of cash flow valuation, work with human mortality data and build life insurance products in R.

Create Your Free Account

By continuing, you accept our Terms of Use, our Privacy Policy and that your data is stored in the USA.

Course Description

Understanding the basic principles of life insurance products is essential for your personal financial planning, ranging from taking out a mortgage to designing your retirement plan and seeking financial protection for the risk of dying early. In this course, you'll study the time value of money and you’ll work with human mortality data to derive demographic markers (such as the life expectancy). Combining the basics of cash flow valuation with the calculation of survival and death probabilities in R will allow you to construct insightful tools to design life insurance products. You'll come out of this course understanding the valuation of life contingent claims: life annuities, which provide an income upon survival, and life insurance products, which pay a benefit upon death of the policyholder.

Prerequisites

Intermediate R Foundations of Probability in R

Valuation of Cash Flows

Course Description

Earn Statement of Accomplishment

FAQs

What topics are covered in this course?

What jobs would benefit from this course?

How will I be able to apply what I have learned in this course?

What tools will I use in this course?

Will this course cover mortality data?

Does this course discuss interests and rates?

Join over .css-nklxlk{color:var(--wf-brand--main, #03EF62);}15 million learners and start Life Insurance Products Valuation in R today!

Create Your Free Account

Join over 15 million learners and start Life Insurance Products Valuation in R today!