0 a system in which you make regular payments to an insurance company in exchange for a fixed amount of money that will be paid to you when you reach a certain age, or paid to someone you have named, usually a member of your family, when you die
1 a system in which you make regular payments to an insurance company in exchange for a fixed amount of money that will be paid after you die to someone you chose
2 a system in which you make regular payments to an insurance company in exchange for a fixed amount of money which will be paid to someone you have named, usually a member of your family, when you die:
Other services that attract further fees include financial advice, actuarial service, and life insurance.
Pension funds are shown to be much more adversely affected by quantitative restrictions in this sample than are life insurance companies.
In part, objections to the disclosure of cause-of-death information were also associated with the constraints imposed by burial funds and life insurance companies.
In addition, persistent poor harvests had led to heavy borrowings on chattels, real estate and life insurance policies.
Moreover, private life insurance and medical insurance eventually became affordable for most workers, and insurance against personal injury suits became available to most employers.
The motivation for the model studied in this article comes from a more realistic model of life insurance business.
As a result, a new multi-billion dollar industry - the life insurance industry, specializing in annuities - has developed, practically from scratch.
The differences for domestic assets are slightly greater for pension funds than for life insurance, and markedly so for foreign assets.