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Purchasing term life insurance to reach a bequest goal : time-dependent case
Recurso electrónico / Electronic Resource
Collection: Articles
Title: Purchasing term life insurance to reach a bequest goal : time-dependent case / Erhan Bayraktar, S. David Promislow, Virginia R. YoungAuthor: Bayraktar, Erhan ‌
Notes: Sumario: We consider the problem of how an individual can use term life insurance to maximize the probability of reaching a given bequest goal, an important problem in financial planning. We assume that the individual buys instantaneous term life insurance with a premium payable continuously. We allow the force of mortality to vary with time, which, as we show, greatly complicates the problem.Related records: En: North American actuarial journal. - Schaumburg : Society of Actuaries, 1997- = ISSN 1092-0277. - 05/10/2015 Tomo 19 Número 3 - 2015 , p. 224-236Materia / lugar / evento: Seguro de vida ‌Planificación financiera ‌Cálculo actuarial ‌Matemática del seguro ‌Otros autores: Promislow, David S. ‌
Young, Virginia R. ‌
Other categories: 341
Rights: In Copyright (InC)
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