Why do life insurance policyholders lapse? The roles of income, health, and bequest motive shocks

Author:

Fang Hanming123,Kung Edward4

Affiliation:

1. Department of Economics University of Pennsylvania Philadelphia Pennsylvania USA

2. School of Entrepreneurship and Management ShanghaiTech University Shanghai China

3. The National Bureau of Economic Research Cambridge Massachusetts USA

4. Department of Economics California State University at Northridge Northridge California USA

Funder

National Science Foundation

Publisher

Wiley

Subject

Economics and Econometrics,Finance,Accounting

Reference29 articles.

1. American Council of Life Insurers. (2009).Life Insurers Fact Book.

2. Sequential Monte Carlo Methods for Estimating Dynamic Microeconomic Models

3. An Empirical Examination of Information Barriers to Trade in Insurance

4. An examination of life insurance policy surrender and loan activity;Cole C. R.;Journal of Risk and Insurance,2020

5. Does the Secondary Life Insurance Market Threaten Dynamic Insurance?

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