In the paper, we present the methodology of calculating the benefit of a marriage reverse
annuity using the multiple state model for marriage life insurance. We model the probabilistic …

In many countries around the world, demographic and civilization changes have brought
about the phenomenon of aging societies. This phenomenon affects the economy …

The purpose of the article is to combine two different products: critical illness insurance and
reverse annuity contract. Such a combination of different categories of payments arising from …

We model the probabilistic structure and cash flows arising from marriage reverse annuity
contracts in the case of the joint-life status and the last surviving status. In contrast to the …

The purpose of the paper is applying the generalized model of reversionary annuity to
determine the benefit of marriage reverse annuity contracts and reverse mortgages. First of …

An ageing European population and, therefore, a rising dependency ratio of retirees to the
working population, strongly suggests that a pension funding gap will be a key social issue …

Społeczeństwo żyje coraz dłużej, a znaczny spadek umieralności w stosunku do lat 60.-70.
XX wieku obserwuje się u osób w wieku emerytalnym. Emerytura z tytułu ubezpieczeń …

Renta hipoteczna oraz odwrócony kredyt hipoteczny umożliwiają właścicielowi
nieruchomości otrzymywanie comiesięcznego świadczenia w zamian za przekazanie …

Equity release contracts allow property owners to receive a financial benefit in exchangefor
surrendering their real estate to a company. The benefits depend on the life expectancyof …

We model the probabilistic structure and cash flows arising from marriage reverse annuity
contracts in the case of the joint-life status and the last surviving status. In contrast to the …