Immediate whole of life assurance x _ A:- a payment of £1 is made immediately on death of a person aged x. The symbol represents the present value of the payments and therefore the single premium for a whole of life assurance.
Actuarial Mathematics and Life-Table Statistics Eric V. Slud Mathematics Department University of Maryland, College Park c 2006, Life Table, Actuarial Science, Life Expectancy, Cohort, Lexis Diagram
