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Calculation of Tabarru Funds Using Makeham's Mortalita Law and Gompertz's Mortalita Law Using the Cost Of Insurance Method

Journal Of Natural Sciences And Mathematics Research

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Title Calculation of Tabarru Funds Using Makeham's Mortalita Law and Gompertz's Mortalita Law Using the Cost Of Insurance Method
 
Creator Muzaki, Tauki Rohman
Siswanah, Emy
Miasary, Seftina Diyah
 
Subject Mathematics
time minimization, distribution of ballots, greedy algorithms
 
Description Tabarru funds have the meaning of a collection of funds given by insurance participants as a virtue fund with sincere intentions for the purpose of helping one participant with another if one of them gets a disaster. The tabarru fund management mechanism in Indonesia uses two types of operational systems, namely the product saving system (savings) and the non-saving product system. Management with a saving product system uses a savings mechanism with 5% for management funds. Meanwhile, in the non-saving product system with a no-savings mechanism, the amount and its management are not yet known, which will cause confusion for the community in the calculation. The cost of insurance method is one method that can be used to calculate tabarru funds. This method calculates tabarru funds by multiplying the percentage of tabarru funds by the cost of coverage. The percentage of tabarru funds is searched through the mortality table, management fee, and investment level. From the management fee of 25% and the investment rate of 5%, the percentage of tabarru funds using Makeham's mortality law is  for men and for men. Meanwhile, Gompertz's law of mortality obtained  for men and for women . ©2020 JNSMR UIN Walisongo. All rights reserved.
 
Publisher Faculty of Science and Technology, Universitas Islam Negeri Walisongo Semarang
 
Contributor
 
Date 2022-03-28
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion

 
Format application/pdf
 
Identifier https://journal.walisongo.ac.id/index.php/JNSMR/article/view/11156
10.21580/jnsmr.2020.6.1.11156
 
Source Journal Of Natural Sciences And Mathematics Research; Vol 6, No 1 (2020): Volume 6, Nomor 1, 2020; 38-42
2460-4453
2614-6487
 
Language eng
 
Relation https://journal.walisongo.ac.id/index.php/JNSMR/article/view/11156/pdf
 
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