Actuarial Mathematic, Second Edition by Browers Gerber Hickman

By Browers Gerber Hickman

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Ofo No. Pers. 1 Total 480 Number of policies 556 44 No. Pers. 0 --- - -- - - 1,846 2,402 With suicides, the ratio of 'policies to persons' is substantially higher than with other causes of death, both for standard and substandard risks. 06). We assume on the basis of this fact that there is an anti-selection, in that persons contemplating suicide conclude a number of policies. 3. 1). 12 13 11 10 Total Dis. of the circulatory system Tumours Accidents and acts of viol. Diseases of the nervous system and sense organs Diseases of the digestive syst.

In so doing we shall bear in mind the comments made by ]ECKLIN: "However, nowhere is it claimed that the constant multiplicative extra mortality method corresponds generally to the actual mortality of increased risks. It is a working hypothesis and should not be classified otherwise. Any argument against the hypothesis, if it is to be taken seriously, should therefore examine the question of whether the results obtained with the method coincide so little with reality that it can no longer be responsibly applied with a clear conscience" [15].

Table XXVI. Distribution of causes of death No. 1 2 3 4 5 6 7 8 9 10 11 12 13 Causes of death by groups Standard risks Substandard risks All risks No. Pers. Ofo No. Pers. 1 Total 480 Number of policies 556 44 No. Pers. 0 --- - -- - - 1,846 2,402 With suicides, the ratio of 'policies to persons' is substantially higher than with other causes of death, both for standard and substandard risks. 06). We assume on the basis of this fact that there is an anti-selection, in that persons contemplating suicide conclude a number of policies.

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