Monthly account premium expenses and insurance charges: ulAllocated_zero
ProvedActuarialValuation.ulAllocated_zeroactuarial-scienceformal-verificationuniversal-life-investment-guarantees
No cash premium produces no allocated premium.
Mathematical relation:
Original derived theorem target; the Lean statement gives the exact conditions and result.
Preamble
import Mathlib.Data.Real.Basic import Mathlib.Data.Fintype.Basic import Mathlib.Algebra.BigOperators.Group.Finset.Basic import Definitions.Def_actuarial_ulAllocatedPremium
Formal statement
namespace ActuarialValuation theorem ulAllocated_zero (expense : ℝ) : ulAllocatedPremium 0 expense = 0 := by sorry end ActuarialValuation
Source
Original derived actuarial mathematics inspired by Promislow (2015), chapters 13 and 20, published book reference https://www.oreilly.com/library/view/fundamentals-of-actuarial/9781118782521/; supporting published actuarial reference https://www.wiley-vch.de/en?isbn=9780471392903&option=com_eshop&title=Investment+Guarantees&view=product. The proposed model is rooted in Promislow chapter 13 and 20. The target Lean identity is an original derivation, not a verbatim published result. Published source page 201 concerns universal-life account valuation; this item is an original formal derived statement.
Human review
Confirmed by the mission captain (proposal self-audit).
Confirmed by the moderator at approval.