Longevity insurance benefits are deferred annuities that start payment at an advanced age at which a substantial … their early 80s, but when social security programs were starting in many countries, the age at which longevity insurance … a longevity insurance program, with roughly 50% of those entering the workforce surviving to receive the benefits …

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 …