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  2. Calculator: How Much Life Insurance Do I Really Need? - AOL

    www.aol.com/calculator-much-life-insurance...

    Are you sure you’ve calculated the right amount of life insurance to fully protect your family’s financial future?

  3. Financial risk modeling - Wikipedia

    en.wikipedia.org/wiki/Financial_risk_modeling

    Financial risk modeling is the use of formal mathematical and econometric techniques to measure, monitor and control the market risk, credit risk, and operational risk on a firm's balance sheet, on a bank's accounting ledger of tradeable financial assets, or of a fund manager's portfolio value; see Financial risk management.

  4. How much life insurance do I need? - AOL

    www.aol.com/finance/much-life-insurance...

    Depending on the type of policy, life insurance will cover you for a specific amount of time — such as 10, 20 or 30 years — or can be designed to provide coverage for your entire lifeup ...

  5. Actuarial present value - Wikipedia

    en.wikipedia.org/wiki/Actuarial_present_value

    And let T (the future lifetime random variable) be the time elapsed between age-x and whatever age (x) is at the time the benefit is paid (even though (x) is most likely dead at that time). Since T is a function of G and x we will write T=T(G,x). Finally, let Z be the present value random variable of a whole life insurance benefit of 1 payable ...

  6. Self-insurance - Wikipedia

    en.wikipedia.org/wiki/Self-insurance

    Self insurance can be used for any insurable risk, meaning a risk that is predictable and measurable enough in the aggregate to be able to estimate the amount that needs to be set aside to pay for future uncertain losses. For a risk to be insurable, it must represent a future, uncertain event over which the insured has no control.

  7. What does life insurance cover? - AOL

    www.aol.com/finance/does-life-insurance-cover...

    Permanent life insurance policies, like whole life and universal life, have long coverage periods (typically to ages 95 to 121) but may still lapse if your premium isn’t paid or the policy doesn ...

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