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On the Period intervening between the Date of Death and Payment of the Sum assured

Published online by Cambridge University Press:  18 August 2016

E. J. Farren
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Type
Notes and Queries
Information
Journal of the Institute of Actuaries , Volume 3 , Issue 3 , 1853 , pp. 234 - 235
Copyright
Copyright © Institute and Faculty of Actuaries 1852

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References

page 235 note * This is not unlike the view of the matter taken in a former paper in this Journal. See the note at page 162, vol. ii., where, however, a different expression is arrived at.—ED. A. M.

page 235 note † In France, as in England, it is customary for heirs in such cases to claim for current interest from beginning of the year of death. “Dans cette formule nous négligeons pour plus de simplicité, de tenir compte du pro rata d'arrérages que pourra être dû par le constituant, an moment du décés du rentier.” —Cournot, p. 349.