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Simulation Insured Results by Purchasing a Life Insurance

Ana Preda (), Mirela Monea () and Lorand Bogdanffy ()
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Mirela Monea: University of Petrosani, Romania
Lorand Bogdanffy: University of Petrosani, Romania

Annals of the University of Petrosani, Economics, 2016, vol. 16, issue 2, 109-116

Abstract: In this paper we are doing a comparative analysis, using Eviews 8.00, for a unitlinked product, depending on the annual premium paid by the policyholder. It reviewed the situation when the insured survives till the end of the insurance contract and then he receives the account value. We presented the contract evolutions through three different investment programs. There were considered three different risk investment programs 2, 4, 6, on a scale from 1-6.

Keywords: insurance market; premium; account value; risk; unit- linked products (search for similar items in EconPapers)
JEL-codes: G01 G14 G22 (search for similar items in EconPapers)
Date: 2016
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