Monte Carlo Simulation
10,000-iteration survival simulation using SOA mortality tables for coverage adequacy probability.
Monte Carlo Survival Simulation
Rather than a single point estimate, Morivex runs 10,000 simulated lifetimes using SOA mortality tables calibrated to your age, sex, and smoker status. Each simulation models the probability of a claim during the policy term and the resulting financial impact on your family.
- P10 / P25 / P50 / P75 / P90 -- coverage adequacy at each confidence level
- Shortfall risk -- probability that your coverage falls short of actual need
- Claim probability -- likelihood of a death benefit payout during the policy term