Homogeneous Discrete Time Alternating Compound Renewal Process: A Disability Insurance Application

الملخص EN

Discrete time alternating renewal process is a very simple tool that permits solving many real life problems.

This paper, after the presentation of this tool, introduces the compound environment in the alternating process giving a systematization to this important tool.

The claim costs for a temporary disability insurance contract are presented.

The algorithm and an example of application are also provided.