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 …

with two retirement periods. In this framework annuity companies can offer contracts with different payoffs over the … periods of retirement. Varying the time structure of the payoffs affects annuity demand and welfare of individuals with low … and high life expectancy in different ways. By this, annuity purchasers can be separated according to their survival …

with two retirement periods. In this framework annuity companies can offer contracts with different payoffs over the … periods of retirement. Varying the time structure of the payoffs affects annuity demand and welfare of individuals with low … and high life expectancy in different ways. By this, annuity purchasers can be separated according to their survival …

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 …