| Article ID: | iaor20022858 |
| Country: | Lithuania |
| Volume: | 12 |
| Issue: | 4 |
| Start Page Number: | 547 |
| End Page Number: | 558 |
| Publication Date: | Jan 2001 |
| Journal: | Informatica |
| Authors: | Matvejevs Andrejs, Matvejevs Aleksandrs |
| Keywords: | insurance |
Three kinds of the insurance policies for the net premium calculation for married couples are considered. The net premium principle is used in all premium calculations. The particular quality of the additional pension assurance is the individual form of its undertaking and the limitation of annual (monthly) pension payments. Due to this fact the biggest interest in the individual insurance is shown by people after age 40–45 years, when the insurance premium rates are so high that most people can't buy such policies. So, the discussed form of the joint life insurance could be proposed to the participant of the pension plan when he or she has reached the pension age and wants to buy the life insurance policy for the accumulated capital of pension.