Jessica Gibson is a content update editor and writer for Investopedia. She has over 10 years of experience in digital publishing and three years of experience covering financial topics like insurance, ...
Life insurance policies are primarily purchased to ensure long-term financial security and safeguard one’s family against unforeseen events. According to experts, these policies are designed to ...
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Should policyholders consider financing options instead of prematurely surrendering their policies?
Life insurance policies are long-term financial instruments designed to provide stability and security during unforeseen circumstances. However, policyholders often face financial challenges that lead ...
We price equity-linked life insurance with surrender guarantees and account for risk preferences in the form of risk-averse and loss-averse policyholders in continuous time. Risk-averse policyholders ...
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