5.8 Joint life status and last survivor status

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5.8.3 Last survivor functions

5.8.4 EPV of joint life and last survivor assurances

5.8.5 EPV of joint life and last survivor annuities

5.8.6 EPV of joint life and last survivor assurances and annuities which depend upon term

5.8.7 EPV of joint life and last survivor annuities payable m times a year

5.2 Assumptions and notation

5.3 Transition intensities and probabilities

5.4 Numerical evaluation of probabilities

5. MULTI-STATE POLICIES

5.1 Multiple state models

5.1.1 The alive–dead model

5.1.2 Term insurance with increased benefit on accidental death (the accidental death model)

5.1.3 The permanent disability model

5.1.4 The disability income insurance model

5.1.5 The joint life and last survivor model