expectancy, because it directly infuences the expected rate of return. We examine the market for private annuities in Germany and … for women invested in private annuity contracts …

retirement. In order to introduce the existence of limited-time pension insurance, we assume that for each period of retirement … separate contracts can be purchased. Demand for the two periods can be decided either sequentially or simultaneously. We show … that different risk-groups prefer different types of contracts, and that only the sequential contracts, which are …

-time pension insurance, we consider a model where for each period of retirement separate contracts can be purchased. Demand for the … retirement and two types of individuals, who differ in their life expectancy. In order to introduce the existence of limited … choose sequential contracts can be an equilibrium and that this outcome is favourable for the long-living, but is …

Bundled insurance contracts, providing protection based on several loss coverages, are attractive because they allow …. Without combined deductibles, it is straightforward to value bundled insurance contracts as the sum of contracts from each … insurers to focus on the needs of the policyholder. A common contract feature is a deductible set so that the insurance pays …