LifeExpectJL calculates the life expectancy for two lives 𝑥 and 𝑦, based on the mortality assumption. You can calculate either joint life expectancy or last survivor life expectancy.
Syntax
LifeExpectJL (CurrentAgeX, CurrentAgeY, MortalityTableX,
MortalityTableY, [TypeOfCalc])
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Parameter Name |
Description |
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|
AgeX |
Current age of the primary annuitant 𝑥 (i.e. the age at the valuation date).
May be provided as an integer, or as a fractional amount (e.g. years &
months). |
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|
AgeY |
Current age of the secondary annuitant 𝑦
(i.e. the age at the valuation date). May be provided as an integer, or as a
fractional amount (e.g. years & months). |
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|
MortalityTableX |
Mortality
table definition text string for primary annuitant 𝑥. |
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|
MortalityTableY |
Mortality
table definition text string for secondary annuitant 𝑦. |
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|
TypeOfCalc |
Type of life expectancy
calculation.
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