insurance_simulation_test, a MATLAB code which calls insurance_simulation(), which simulates a highly simplified model of term life insurance, in which a customer agrees to pay an annual fee for a given number of years, so that if the customer dies within that term, the family receives a large payout.
The computer code and data files described and made available on this web page are distributed under the MIT license.
insurance_simulation, a MATLAB code which simulates a highly simplified model of term life insurance, in which a customer agrees to pay an annual fee for a given number of years, so that if the customer dies within that term, the family receives a large payout.