This Streamlit web app simulates life insurance policy claims over time, accounting for policyholder death and policy lapse behavior. It estimates the present value of claims under various assumptions using Monte Carlo simulation.
- Interactive sliders to adjust:
- Number of policies and trials
- Policy term and starting age
- Death benefit amount
- Discount rate
- Built-in mortality and lapse assumptions (can be expanded)
- Real-time histogram of present value results
- Summary statistics on deaths, lapses, and payout values
👉 Click here to launch the app
(Replace with your actual Streamlit Cloud URL)
Install the required Python libraries:
pip install -r requirements.txt