Date of Award


Degree Type

Creative Project

Degree Name

Master of Science (MS)


Mathematics and Statistics

First Advisor

Dan Coster

Second Advisor

Robert Heal

Third Advisor

John Stevens


This paper will compare the premiums to insure cows and humans for n-year term, n-year endowment, and whole life insurance. It will go into more depth for whole life premium s that would be charged, such that the insurance company is 95 percent confident that they will not lose money. In particular the paper will look at how the variance affects the premiums for an insurance company insuring 100 cows.