scholarly journals An Overview of Life Insurance

EDIS ◽  
2013 ◽  
Vol 2013 (9) ◽  
Author(s):  
Lisa Leslie ◽  
Martie Gillen
Keyword(s):  
Life Insurance ◽  
Insurance Policy ◽  
Untimely Death ◽  
Fact Sheet ◽  
The People ◽  
Different Types ◽  
Dollar Amount

The primary purpose for buying life insurance is to protect the people who depend on you. A life insurance policy can help to ensure your family’s financial needs are met even after your untimely death. Life insurance can also provide a way to leave a cash gift to your spouse, children, grandchildren, or charities. Once you decide to buy a life insurance policy, you will have a few decisions to make. You will need to select among the different types of life insurance, decide on a dollar amount, and name your beneficiaries. In this publication, you will learn about the different types of life insurance and the ways to determine the amount of life insurance you may need. This 4-page fact sheet was written by Lisa Leslie and Martie Gillen and published by the UF Department of Family Youth and Community Sciences, October 2013. http://edis.ifas.ufl.edu/fy1393

scholarly journals Determinants affecting the buying of Life Insurance: A case of Kapilvastu District

2019 ◽  
Vol 2 (2) ◽  
pp. 42-57
Author(s):  
Govind Jnawali ◽  
Amrita Jaiswal Jaiswal
Keyword(s):  
Life Insurance ◽  
Sampling Method ◽  
Insurance Companies ◽  
Primary Data ◽  
Insurance Policy ◽  
Insurance Demand ◽  
Economic Class ◽  
The People ◽  
Life Insurance Demand ◽  
Structured Questionnaire

This paper aims to investigate the determinants that affect the buying of life insurance in Kapilvastu district of Nepal. Primary data have been collected through structured questionnaire out of 384 life insurance policy holders resident of Kapilvastu district of Nepal. Sample was selected by purposive sampling method. The study concludes that life insurance demand in terms of premium paid is significantly associate with gender, level of education, occupation, economic class, family size and monthly income of respondents whereas life insurance demand is not significantly associated with age, religion and marital status. The study further suggests to the life insurance companies to emphasize selling of life insurance policies to the people having more income, more family members, and educated people.

What if the worst happened? Life insurance in London as a two-faced technology

2015 ◽  
Vol 18 (1) ◽  
pp. 43-59 ◽  
Author(s):  
Sofía Ugarte
Keyword(s):  
Life Insurance ◽  
Family Relations ◽  
Early Death ◽  
Cultural Practice ◽  
Insurance Market ◽  
Western Society ◽  
Insurance Policy ◽  
The People ◽  
Consumer Device ◽  
Caring Relations

This article portrays the way life insurance as a consumer device lives through kinship ties of care in London in order to harness the uncertainties and limits of mortality and loss. A life insurance policy is a private contract people subscribe to, along with paying monthly premiums, to get money if the policyholder dies unexpectedly. Based on ethnographic material of the life insurance market in London, this work aims to illustrate life insurance as a social and cultural practice that informs family relations in contemporary western society. For Londoners, taking a life insurance policy is an anticipatory action that helps families cope with the irreducible possibility of early death, controlling and sustaining caring relations across time among intimate kin. Through the transformation of the policyholder into an immortal (monetary) figure that extends relations beyond death, life insurance becomes a ‘technology of care’ that mediates and bonds intimate kin in absence, as well as a ‘technology of governance’ that creates new subjectivities in the form of privatized risk inside the family. As such, this article seeks to address the ethnographic understanding of an everyday consumer practice within a wider scope of neoliberal modes of governance in western society, taking into account the consequences that buying a life insurance has for both the people and their families. In doing so, this study also contributes to the comprehension of the life insurance market and its specific situatedness in a contemporary neoliberal reality.

Assessing the Impact of Suicide Exclusion Periods on Life Insurance

Crisis ◽  
2010 ◽  
Vol 31 (4) ◽  
pp. 217-223 ◽  
Author(s):  
Paul Yip ◽  
David Pitt ◽  
Yan Wang ◽  
Xueyuan Wu ◽  
Ray Watson ◽  
...  
Keyword(s):  
Life Insurance ◽  
Accidental Death ◽  
Insurance Policy ◽  
Death Rates ◽  
Insurance Policies ◽  
Suicidal Death ◽  
Insured Individual ◽  
The Impact ◽  
Insurance Data ◽  
The Relationship

Background: We study the impact of suicide-exclusion periods, common in life insurance policies in Australia, on suicide and accidental death rates for life-insured individuals. If a life-insured individual dies by suicide during the period of suicide exclusion, commonly 13 months, the sum insured is not paid. Aims: We examine whether a suicide-exclusion period affects the timing of suicides. We also analyze whether accidental deaths are more prevalent during the suicide-exclusion period as life-insured individuals disguise their death by suicide. We assess the relationship between the insured sum and suicidal death rates. Methods: Crude and age-standardized rates of suicide, accidental death, and overall death, split by duration since the insured first bought their insurance policy, were computed. Results: There were significantly fewer suicides and no significant spike in the number of accidental deaths in the exclusion period for Australian life insurance data. More suicides, however, were detected for the first 2 years after the exclusion period. Higher insured sums are associated with higher rates of suicide. Conclusions: Adverse selection in Australian life insurance is exacerbated by including a suicide-exclusion period. Extension of the suicide-exclusion period to 3 years may prevent some “insurance-induced” suicides – a rationale for this conclusion is given.

Impact of Environmental Degradation on Human Health

2016 ◽  
Vol 3 (1) ◽  
pp. 1 ◽  
Author(s):  
_______ Archana ◽  
Charu Datta ◽  
Pratibha Tiwari
Keyword(s):  
Environmental Degradation ◽  
Human Population ◽  
Environmental Problems ◽  
Population Increase ◽  
Human Beings ◽  
The People ◽  
Wide Range ◽  
Different Types ◽  
Economic Institute ◽  
Day By Day

Degradation of environment is one of the most serious challenges before the mankind in today’s world. Mankind has been facing a wide range of problem arising out of the degradation of environment. Not only the areas under human inhabitation, but the areas of the planet without human population have also been suffering from these problems. As the population increase day by day, the amenities are not improved simultaneously. With the advancement of science and technologies the needs of human beings has been changing rapidly. As a result different types of environmental problems have been rising. Environmental degradation is a wide- reaching problem and it is likely to influence the health of human population is great. It may be defined the deterioration of the environment through depletion of resources such as air, water, and soil. The destruction of ecosystem and extinction of wildlife. Environmental degradation has occurred due to the recent activities in the field of socio-economic, institute and technology. Poverty still remains a problem as the root of several environmental problems to create awareness among the people about the ill effect of environmental pollution. In the whole research it is clear that all factors of environmental degradation may be reduced through- Framing the new laws on environmental degradation, Environment friend policy, Controlling all the ways and means of noise, air, soil and water pollution, Through growing more and more trees and by adapting the proper sanitation policy.  

scholarly journals The Reduction of Initial Reserves Using the Optimal Reinsurance Chains in Non-Life Insurance

Mathematics ◽  
2021 ◽  
Vol 9 (12) ◽  
pp. 1350
Author(s):  
Galina Horáková ◽  
František Slaninka ◽  
Zsolt Simonka
Keyword(s):  
Life Insurance ◽  
Continuous Time ◽  
Ruin Probability ◽  
Proportional Reinsurance ◽  
Insurance Risk ◽  
Optimal Reinsurance ◽  
Insurance Contracts ◽  
Time Period ◽  
Different Types ◽  
Capital Injections

The aim of the paper is to propose, and give an example of, a strategy for managing insurance risk in continuous time to protect a portfolio of non-life insurance contracts against unwelcome surplus fluctuations. The strategy combines the characteristics of the ruin probability and the values VaR and CVaR. It also proposes an approach for reducing the required initial reserves by means of capital injections when the surplus is tending towards negative values, which, if used, would protect a portfolio of insurance contracts against unwelcome fluctuations of that surplus. The proposed approach enables the insurer to analyse the surplus by developing a number of scenarios for the progress of the surplus for a given reinsurance protection over a particular time period. It allows one to observe the differences in the reduction of risk obtained with different types of reinsurance chains. In addition, one can compare the differences with the results obtained, using optimally chosen parameters for each type of proportional reinsurance making up the reinsurance chain.

Incidence of various dental anomalies in population of Taxilla, Pakistan

2021 ◽  
Vol 15 (10) ◽  
pp. 2710-2711
Author(s):  
Saman Malik ◽  
Faiqa Hassan ◽  
Muhammad Farooq ◽  
Usman ul Haq ◽  
Amna Faisal ◽  
...  
Keyword(s):  
Gender Discrimination ◽  
Radiology Department ◽  
Dental Radiology ◽  
Dental Anomalies ◽  
Supernumerary Teeth ◽  
Missing Teeth ◽  
Impacted Teeth ◽  
The People ◽  
Dental Procedures ◽  
Different Types

Background: There are different types of teeth anomalies that effects the people of different regional populations. Aim: To determine the occurrence of dental anomalies in patients of Taxila that visit our college for routine dental procedures. Methods: The study was retrospective and was conducted on periapical intraoral radiographs of patients between the ages of 15 to 35 years, with no gender discrimination at Dental College HITEC-IMS. Results: We collected data from 450 periapical intraoral radiographs that were taken in last six months (i.e. 15th January 2021 till 15th July 2021) in dental radiology department. Conclusion: The dental anomalies that were found in the population of taxila were impacted teeth, missing teeth, rotated tooth, supernumerary teeth (mesiodens), root dilacerations, peg lateral, taurodontism and hypercementosis. Keywords: Root anomalies, dental anomalies, periapical radiograph

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