Longevity insurance benefits are deferred annuities that start payment at an advanced age at which a substantial proportion of the birth cohort has died. In high-income countries, that would mean that these annuities would start for people in their early 80s, but when social security programs...

Although Canada has made outstanding contributions to the theory and practice of life insurance and pensions, this book, originally published in 1964, remains unique as a text designed specifically for Canadian use. This revised and updated edition follows the format of the original, dealing...