Деталі електронної книги
Supplementary Financial Security for the Silver Generation
Joanna Dębicka, Stanisław Heilpern, Agnieszka Marciniuk, Beata Zmyślona
How can we ensure a dignified life in old age? As societies around the world continue to age, this question has become one of the most pressing challenges of the 21st century. The monograph Supplementary Financial Security for the Silver Generation is an interdisciplinary publication focused on the financial well-being of this rapidly growing demographic, often referred to as the "silver generation".
The authors explore the challenges posed by individuals during retirement due to decreasing income and rising healthcare expenses. They provide practical solutions from the realms of insurance and finance. A key feature of the book is the authors' original concept of the Comprehensive Marriage Contract with Health Protection. This concept combines a reverse annuity with critical illness coverage for both spouses.
The monograph employs a modern mathematical and actuarial framework to enable precise modelling of various contract scenarios. A valuable component of the book is the inclusion of numerous numerical examples that illustrate how the proposed solutions work in practice, using real demographic and health data. This publication targets researchers, students, professionals in finance, insurance, demography, social policy, and healthcare. It also addresses financial and insurance sector representatives and policymakers seeking innovative solutions to the challenges of population ageing.
Preface
1.Introduction
1.1. Characteristics of the elderly population
1.2. Silver generation
1.3. The need for financial security for silver generation
1.3.1. Co-payment for medical services
1.3.2. Additional pension security
1.3.3. Financial security of pensioners
1.4. Private financial security
2.Insurance pricing
2.1. Overview
2.2. Multistate model
2.3. Model’s probabilistic structure
2.4. Types of cash flows
2.5. Interest rate
2.6. Insurance premiums
2.7. Actuarial values in matrix form
3.Individual contracts
3.1. Life insurance and annuities
3.2. Equity release
3.2.1. Sales and credit model in Poland
3.2.2. Benefit valuation
3.2.3. Empirical examples of benefits
3.3. Health insurance
3.3.1. Classification of health insurance
3.3.2. Multistate model for serious illness insurance
4.Marriage contracts
4.1. Marital annuities and insurances
4.2. Modelling the structure of spouses’ future lifetimes
4.2.1. General ideas
4.2.2. A case of independence
4.2.3. A case of dependence
4.3. Marital equity release
4.3.1. Benefit valuation
4.3.2. Independent lifetimes of spouses
4.3.3. Dependent lifetimes of spouses
- Comprehensive marriage contract with health protection
5.1. Concept of new contracts
5.2. Multistate contract modelling
5.3. Cash flow valuation
5.4. Numerical examples
5.5. Recommendations for further study and research
References
List of figures
List of tables
- Назва:Supplementary Financial Security for the Silver Generation
- Автор:Joanna Dębicka, Stanisław Heilpern, Agnieszka Marciniuk, Beata Zmyślona
- ISBN:978-83-68394-29-0, 9788368394290
- Дата видання:2025-10-16
- Формат:Eлектронна книга
- Ідентифікатор видання: e_4lqu
- Видавець: Wydawnictwo Uniwersytetu Ekonomicznego we Wrocławiu