Abstract
Abstract In the following paper, we will consider a life assurance policy of a general kind, its economy being studied during an element of time t … t + dt, the variable t starting with the value 0 at the beginning of the insurance. The policy will be said to be in one of many possible phases, characterized by the composition of the group of insured lives which is under consideration at the given moment. These phases will be discussed in the next paragraph.
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