J
J
Any ideas on a formula to calculate someone's age on their closest birthday
(last or next)?
For example:
Birthday = 1/7/1943
Effective date = 8/1/08
Age nearest (as of effective date) = 66
Another example: Let’s say I am 21 with a DOB of 7/15. If a policy is
issued on 1/1 then my insurance age is 21 (my last birthday is nearer than my
next). If the policy is issued on 2/1 then my insurance age is 22 (my next
birthday is nearer than my last).
Thanks!
(last or next)?
For example:
Birthday = 1/7/1943
Effective date = 8/1/08
Age nearest (as of effective date) = 66
Another example: Let’s say I am 21 with a DOB of 7/15. If a policy is
issued on 1/1 then my insurance age is 21 (my last birthday is nearer than my
next). If the policy is issued on 2/1 then my insurance age is 22 (my next
birthday is nearer than my last).
Thanks!