Two death benefit schedules add pathwise
Provedactuarial_c_path_addactuarial-scienceinsurancelife-contingency
Two death benefit schedules add pathwise.
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 open ActuarialAssurances
Formal statement
theorem actuarial_c_path_add (h k : ℕ) (v : ℝ) (b c : ℕ → ℝ) : path h v (fun j => b j+c j) k=path h v b k+path h v c k := by sorry
Source
Original derived finite life-contingency specification; S. David Promislow (2015), Fundamentals of Actuarial Mathematics, 3rd edition, Chapter 5, Section 5.2, year-end death claim present value, 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.