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 …

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 …

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 …

Social security benefits may not be enough for retirement. Equity release products like
marriage reverse annuities can boost retirement income for older couples. Marriage reverse …

Demographic trends in Europe reveal that the pension funding gap will become one of the
key social issues in coming years. On the other hand, many of these people hold a large …

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 …

Considerable progress in the development of medicine, and the growing awareness within
society of healthy nutrition and lifestyle have contributed to the increase of life expectancy …