Abstract
Pricing of some options in life insurance can be based on similar principles as pricing of financial options. The paper demonstrates it by giving five options (the lump sum option in deferred annuity contracts) is described in more details.
Pricing of some options in life insurance can be based on similar principles as pricing of financial options. The paper demonstrates it by giving five options (the lump sum option in deferred annuity contracts) is described in more details.