Adverse Selection and Moral Hazard in the Life Insurance Industry
Adverse selection is one of two main sorts of market failure often associated with insurance. The other is moral hazard. … Read more
Adverse selection is one of two main sorts of market failure often associated with insurance. The other is moral hazard. … Read more
Life insurance can be a superb savings and investment vehicle. All conventional investment vehicles serve the same purpose, but the … Read more
ADVANTAGES The advantages offered by life insurance vary with the type of policy and the problem to which the policy … Read more
Life insurance is a complex amalgamation of legal, tax, and economic elements. Basically, it is a unique wealth creation tool … Read more
Only when the thought process described above has been employed should the planner arrive at a particular tool or technique—and … Read more
Life insurance is a unique product in that a small premium payment can generate a vastly disproportionate amount of capital … Read more
This article is dedicated to giving you an insight into problems that families often face when choosing the right life … Read more
Suicide is the intentional killing of oneself. A typical policy will provide that: If the insured commits suicide, while sane … Read more
Above all, the planner must always “MATCH THE PRODUCT TO THE PROBLEM.” The particular type of life insurance coverage appropriate … Read more
A policy holder who is insured by a financially troubled insurer may consider switching insurers. Whether this is a good … Read more