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Forecasts predict that those in need of long-term care in Europe will double in the next 50 years. This book offers a … demand and supply factors underpinning the development of financial instruments to cover long-term care in Europe …
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Long-term care (LTC) is the largest insurable risk that old-age individuals face in most western societies. However, the demand for LTC insurance is still ostensibly small in comparison to the financial risk, which is reflected in the formation of expectations of insurance coverage. One...
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