Abstract
In this chapter, we study products offered by insurance companies that, unlike the pure insurance policies in Chap. V, gives investors both insurance and investment under a single integrated plan.
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Notes
- 1.
Also called equity-linked
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Asmussen, S., Steffensen, M. (2020). Chapter VI: Financial Mathematics in Life Insurance. In: Risk and Insurance. Probability Theory and Stochastic Modelling, vol 96. Springer, Cham. https://doi.org/10.1007/978-3-030-35176-2_6
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