Use the result for a transparent first-pass actuarial calculation when the probability, interest, exposure, and timing assumptions are already defined on a consistent basis.

Annual death probability

Constant probability of dying within one year.

Benefit amount

Benefit paid at the moment of death.

Interest rate

Annual effective interest rate as a decimal; the combined mortality and interest force must remain positive.

Calculate the expected present value of a continuously paying whole life insurance under a constant force of mortality derived from the annual death probability. The tool evaluates the supplied inputs together and returns the named outputs below; it does not infer omitted operating conditions or change the units shown.^[1]

Present value

Expected present value of the continuous whole life insurance.

• Actuarial results are conditional on the supplied mortality, survival, loss, interest, or development assumptions. They are not a premium opinion, reserve certification, or substitute for experience analysis and regulatory judgment.
• Use finite inputs in the displayed units and preserve more precision than the final presentation requires. Independently verify safety-critical, financial, compliance, or production decisions.

Compare the result with a second reserving, credibility, or life-contingency method and test how it changes under plausible assumption ranges. Retain the basis and valuation date with the result.

• Continuous Whole Life Present Value Second Moment Calculator

  Calculate the second moment of a continuous whole-life insurance present value under constant forces of mortality and interest.

• Contingent Insurance Probability Calculator

  Calculate the probability that the first life dies before the second life under constant forces of mortality derived from annual death probabilities.

• Whole Life Insurance EPV Calculator

  Calculate the expected present value of a whole life insurance paying at the end of the year of death.