insurance_simulation_test

insurance_simulation_test, an Octave 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.

Licensing:

The computer code and data files described and made available on this web page are distributed under the MIT license.

Related Data and codes:

insurance_simulation, an Octave 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.

Source Code:

• insurance_simulation_test.m, calls all the tests.
• insurance_simulation_test.sh, runs all the tests.
• insurance_simulation_test.txt, the output file.

• insurance_simulation_test1.m, prints yearly data for one case.
• insurance_simulation_test2.m, prints summary data for one case, run many times.