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Actuarial Models for Disability Insurance [Hardcover]

Steven Haberman (Author), E Pitacco (Author)

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Book Description

ISBN-10: 0849303893 | ISBN-13: 978-0849303890 | Publication Date: October 20, 1998 | Edition: 1

Disability insurance, long-term care insurance, and critical illness cover are becoming increasingly important in developed countries as the problems of demographic aging come to the fore. The private sector insurance industry is providing solutions to problems resulting from these pressures and other demands of better educated and more prosperous populations. Actuarial Models for Disability Insurance examines the actuarial structure of disability insurance, long-term care insurance, and critical illness cover, including problems encountered in the design and development of such insurances. Actuarial problems such as pricing and reserving are considered within the context of multiple state modeling, providing a vigorous and sound framework for analyzing personal insurances.

#outer_postBodyPS { display: none; } #psGradient { display: none; } #psPlaceHolder { display: none; } #psExpand { display: none; } Disability insurance, long-term care insurance, and critical illness cover are becoming increasingly important in developed countries as the problems of demographic aging come to the fore. The private sector insurance industry is providing solutions to problems resulting from these pressures and other demands of better educated and more prosperous populations. Actuarial Models for Disability Insurance examines the actuarial structure of disability insurance, long-term care insurance, and critical illness cover, including problems encountered in the design and development of such insurances. Actuarial problems such as pricing and reserving are considered within the context of multiple state modeling, providing a vigorous and sound framework for analyzing personal insurances.

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Product Details

Hardcover: 280 pages
Publisher: Chapman and Hall/CRC; 1 edition (October 20, 1998)
Language: English
ISBN-10: 0849303893
ISBN-13: 978-0849303890
Product Dimensions: 9.6 x 6.4 x 0.9 inches
Shipping Weight: 1.2 pounds (View shipping rates and policies)
Amazon Best Sellers Rank: #958,198 in Books (See Top 100 in Books)
- #41 in Books > Law > Business > Insurance Law
- #94 in Books > Medical Books > Administration & Medicine Economics > Medicaid & Medicare

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Inside This Book (learn more)

First Sentence:
The evolution of an insured risk can be viewed as a sequence of events which determine the cash flows of premiums and benefits. Read the first page

Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
disabled reserve, multiple state model, deferred period one week, natural premiums, continuous premium, disability spell, graduation formula, disability annuity, temporary assurance, sickness duration, actuarial notation, finding transition probabilities, multiple decrement models, prospective reserve, endowment assurance, continuous annuity, critical illness cover, frailty level, actuarial value, actuarial structure, disability annuities, durational effect, permanent health insurance, transition intensities, policy anniversaries

Key Phrases - Capitalized Phrases (CAPs): (learn more)
Working Party, Institute of Actuaries, United Kingdom, Alting von Geusau

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Citations (learn more)

This book cites 3 books:

Life Insurance by Kenneth Jr. Black in Back Matter
Multidimensional Mathematical Demography (Studies in Population) by Conference on Multidimensional Mathematical Demography University in Back Matter
Population Dynamics by Thomas N.E. Greville in Back Matter

2 books cite this book:

Modern Actuarial Theory and Practice, Second Edition by Philip Booth on page 726, page 746, and page 762
Longitudinal and Panel Data: Analysis and Applications in the Social Sciences by Edward W. Frees in Back Matter

Books on Related Topics (learn more)

Fundamentals of Actuarial Mathematics by S. David Promislow

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