No benefit gives zero second claim moment
Provedactuarial_c_moment_zeroactuarial-scienceinsurancelife-contingency
No benefit gives zero second claim moment.
Mathematical relation:
For this statement, the yearly death event, valuation origin and life-law normalisation follow the stated hypotheses. Death benefits are settled at the end of the policy year, whereas a maturity amount is payable at its anniversary. Every formula represents a currently open formal obligation unless it is a definition.
Preamble
import Mathlib.Data.Real.Basic import Mathlib.Algebra.BigOperators.Group.Finset.Basic import Definitions.Def_actuarial_c_death import Definitions.Def_actuarial_c_path import Definitions.Def_actuarial_c_second open ActuarialAssurances
Formal statement
theorem actuarial_c_moment_zero (h : ℕ) (v : ℝ) (p : ℕ → ℝ) : second h v (fun _ => 0) p=0 := by sorry
Source
Original derived finite life-contingency specification; S. David Promislow (2015), Fundamentals of Actuarial Mathematics, 3rd edition, Chapter 5, Section 5.2, benefit random present value as context, printed p. 62. https://www.oreilly.com/library/view/fundamentals-of-actuarial/9781118782521/ftoc.xhtml. The cited material establishes actuarial context and payment conventions. This particular finite Lean declaration is not a verbatim published theorem.
Human review
Confirmed by the mission captain (proposal self-audit).
Confirmed by the moderator at approval.