This hypothetical pricing model has been produced by the UK Actuarial Profession Microinsurance Working Party as a learning aid in the development of pricing techniques. The module consists of a number of sheets, each of which address certain aspects of actuarial calculations for life microinsurance. The toolkit consists of hypothetical pricing calculations that can assist users of the toolkit in understanding key pricing principles. It is therefore not indended as a complete pricing model.
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UK Actuarial Profession Microinsurance Working Party