Faculty Advisor

Posterro, Barry John

Faculty Advisor

Abraham, Jon P.

Abstract

This project focused on exploring Universal Life insurance by learning about its history, components, and process of reserving. To conduct our research, we read several textbooks, study notes and a Valuation Manual. We then created an Excel deliverable of a theoretical UL policy, created a Lesson plan about UL to teach to actuarial students, and a paper that explains the ins and outs of UL from a consumer standpoint and how the mechanics of a UL policy would work for a potential policyholder.

Publisher

Worcester Polytechnic Institute

Date Accepted

2020-05-04

Major

Actuarial Mathematics

Project Type

Major Qualifying Project

Accessibility

Unrestricted

Advisor Department

Mathematical Sciences

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