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Purchasing life insurance to reach a bequest goal

Bayraktar, Erhan; Promislow, S. David; Young, Virginia R. - In: Insurance / Mathematics & economics 58 (2014), pp. 204-216

Persistent link: https://www.econbiz.de/10010437563

Optimally investing to reach a bequest goal

Bayraktar, Erhan; Young, Virginia R. - In: Insurance / Mathematics & economics 70 (2016), pp. 1-10

Persistent link: https://www.econbiz.de/10011597071

Reaching a bequest goal with life insurance : ambiguity about the risky asset's drift and mortality's hazard rate

Liang, Xiaoqing; Young, Virginia R. - In: ASTIN bulletin : the journal of the International … 50 (2020) 1, pp. 187-221

Persistent link: https://www.econbiz.de/10012194122

Purchasing life insurance to reach a bequest goal

Bayraktar, Erhan; Promislow, S. David; Young, Virginia R. - In: Insurance: Mathematics and Economics 58 (2014) C, pp. 204-216

We determine how an individual can use life insurance to meet a bequest goal. We assume that the individual’s consumption is met by an income from a job, pension, life annuity, or Social Security. Then, we consider the wealth that the individual wants to devote towards heirs (separate from any...

Persistent link: https://www.econbiz.de/10010930896