premiumDetermining a premium for an insured person in an insurance company takes under consideration many factors, such as the size and profitability of the insurance company. By standard insurance theory, the total premium is given by + 3 √ when is the number of assured members, is the net...
Light beer drinking seems to be most beneficial form of alcohol in reducing the risk of high blood pressure. 少量喝啤酒似乎是有益的饮酒方式,可以降低患高血压的风险。 Needless to say, the bigger the risk an insurance company takes, the higher thepremium you will have to pay. 不消说,保险公司...
Related to Risk premium:Equity risk premium risk (rĭsk) n. 1.The possibility of suffering harm or loss; danger. 2.A factor, thing, element, or course involving uncertain danger; a hazard:"the usual risks of the desert: rattlesnakes, the heat, and lack of water"(Frank Clancy). ...
Insurance companies typically assess their own business risks in order to determine whether a customer is acceptable, and at what premium. Underwriting insurance for a customer with a poor credit profile and several dogs is riskier than insuring someone with a perfect credit profile and no pets. T...
Choosing Health Insurance in a Dual Health Care System: The Chilean Case In Chile there is a public insurance system where people contribute a fixed percentage oftheir income, and also a private system where people pay a premium... R Sanhueza,J Ruiz-Tagle - 《Journal of Applied Economics》...
A second concept presented in the paper is related to the idea of actuarially fair premiums. It is shown that the premium must also be a function of the payments of the other insured as well as their claim distributions, reflecting thereby the simultaneity and mutual dependence of the insured...
The legal basis of all insurance is the policy. This is a printed form of contract on stout paper of the best quality.It states that in return for the regular payment by the insured of a named sum of money, called the premium(保险费), which is usually paid every year, the insurer ...
The legal basis of all insurance is the “policy”. This is a printed 52 of contract on paper of the best 53 . It states that in return for the regular payment by 54 of a named sum of money, called the “premium” (保险费),which is usually paid every year, the insurer will pay...
Adverse selection in term life insurance purchasing due to the BRCA1/2 genetic test and elastic demand Each year, the insurer calculates the expected premiums and expected future benefit payouts which determine the following year's premium schedule. At the ... Viswanathan,KS,Lemaire,... - 《J...