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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Surrender Charges

When considering insurance policies or investment products, it's essential to understand the fees and charges involved. One such cost is the surrender charge, which can have a significant impact on ...
Ashlee is an insurance editor, journalist and business professional with an MBA and more than 17 years of hands-on experience in both business and personal finance. She is passionate about empowering ...
Permanent life insurance generally provides coverage for your entire life and builds tax-deferred cash value. There are several types of permanent life insurance, including whole life insurance and ...