The viability of a secondary market in mid-term life assurance policies

The surrender of life policies accounts for a large proportion of the total outgo of life assurance companies, in 1987 amounting to £3.6bn or 46% of funds returned to policyholders. In practice most surrenders involve a simple two way interaction in which a policyholder requests a surrender price fr...

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Bibliographic Details
Main Author: Clode, Peter
Published: Nottingham Trent University 1991
Subjects:
332
Online Access:http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.302973