Do whole life insurance have longevity risk or they have mortality risk ?
- Thread starter mg30
- Start date
@mg30 From T3.C2 Summary: "Whole life insurance has mortality risk in that it becomes more expensive if the policyholder dies at a young age. Annuities have longevity risk in that they become more expensive the longer the policyholder lives" -- May, Bill. 2020 Financial Risk Management Part I: Financial Markets and Products, 10th Edition. Pearson Learning Solutions, 2019. VitalBook file.
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