Premium Calculator

Input

1. Gender
2. Date of Birth
3. Smoking Status
4. Coverage Amount

Formula

Premium Amount = Coverage Amount x Per Dollar Premium Rate

Per Dollar Premium Rate is retrievable from a premium rate table based on the following factors:

1. Gender
2. Age Next Birthday
   • Derived from Date of Birth
3. Mortality Class
   • Derived from Smoking Status

Commands

1. Run tests
   • bundle exec rake test