Abstract
The Premium reserves is an obligation that a life insurance company must have to provide compensation to the heirs if there is a claim. This research aims to create a premium reserves in term life insurance with joint life status. This research is a theoretical study that examines about the calculation of the joint life status insurance premium reserves using the Canadian method using the 2019 Indonesian Mortality Table (TMI) and the case application sample. The calculation of reserves begins by forming a table of mortality and joint commutation of two insured persons, forming a formula for combined life annuity, single net premium, and annual net premium. So that in this research, the formulation of reserves for term joint life insurance premiums with the Canadian method is obtained
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