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ms244
10-29-2008, 04:42 PM
Anybody know of any good tabular method questions? I know I've seen one, I just can't seem to find it. :oops: (I posted this in another thread, but it's not getting the attention I need for it to get!!) Any help would be greatly appreciated!

That Goblin
10-29-2008, 04:46 PM
Anybody know of any good tabular method questions? I know I've seen one, I just can't seem to find it. :oops: (I posted this in another thread, but it's not getting the attention I need for it to get!!) Any help would be greatly appreciated!

What section is tabular method from?

neverending
10-29-2008, 04:48 PM
It's talked about in section 10 with fundamental pricing methods

there's the tabular method, buildup and density functions, and simulation

tabular is basically your claim termination rate tables and incidence rate tables used for DI and LTC

ms244
10-29-2008, 04:50 PM
Do you know of any numerical problems?

neverending
10-29-2008, 04:52 PM
do you have grasp? number 34

neverending
10-29-2008, 04:54 PM
chapter 5 exercises in the Individual Health Insurance book also has some examples of each method, assuming you also have the CD that accompanies the text...

That Goblin
10-29-2008, 04:57 PM
I probably know how to do this type of problem, but not by name.

That Goblin
10-29-2008, 05:29 PM
This probably doesn't help the OP but #34 from GRASP is almost exactly like a LTD reserve calculation problem from CSP. And reserve calculation problems are very similar to life contingency calculations. Once you calculate the reserve at time 0, multiply that by the incidence rate /(12 * 1000) (you want a monthly rate and incidence rate is probably per 1000 lives)

Sorry this probably doesn't help.

ms244
10-29-2008, 05:39 PM
I'm just a little concerned with the MATE note card #254: "Tabular method formulas for calculating net premiums." It looks a little complicated, and I'm not exactly sure how to apply it.

ms244
10-29-2008, 05:42 PM
Nevermind. I see how it works... (I think). Though, if anyone cares to interject a problem on the topic, I'll gladly take a look! :tup: