Summary |
This book is intended as a textbook for courses in life insurance mathematics in colleges and universities. It is hoped that the book will also prove valuable to persons, other than college students, who are interested in life insurance. In particular, we hope that prospective actuaries will profit from reading this book before attempting the more advanced works in life contingencies recommended by the Society of Actuaries. This book is not, however, aimed primarily at the actuarial student. Rather, it is aimed at the college student who has more than a superficial interest in life insurance and who has a reasonable amount of mathematical aptitude.
For the study of this volume no mathematical preparation beyond the high-school level is required. It is suggested, however, that the prerequisite for a course based on this text be a course in mathematics of finance, but that the prerequisite be waived for anyone with a reasonable amount of mathematical experience, such as three courses in college mathematics.
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