margin_expense

margin_expense(t)

Expense margin

Expense margin is defined as the sum of premium loading, surrender charge and maintenance fees net of commissions and expenses.

The sum of the expense margin and mortality margin add up to the net cashflow.

See also

• load_prem_rate()

• premium_pp()

• pols_if_at()

• surr_charge()

• maint_fee()

• commissions()

• expenses()

• check_margin()