Financial Security and Household Life Insurance
This book offers a comprehensive understanding of a novel approach to household security following the loss of an adult member, introducing the concept of Bridging Household Life Insurance. It addresses the financial and functional instability that families face after the death of a spouse or partne...
Պահպանված է:
| Հիմնական հեղինակներ: | , |
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| Ձևաչափ: | Online |
| Լեզու: | անգլերեն |
| Հրապարակվել է: |
Taylor & Francis
2025
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| Խորագրեր: | |
| Առցանց հասանելիություն: | ONIX_20251210T144036_9781040565971_10 |
| Ցուցիչներ: |
Չկան պիտակներ, Եղեք առաջինը, ով նշում է այս գրառումը!
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| _version_ | 1869518194332401664 |
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| author | Dębicka, Joanna Jędrzychowska, Anna |
| author_browse | Dębicka, Joanna Jędrzychowska, Anna |
| author_facet | Dębicka, Joanna Jędrzychowska, Anna |
| author_sort | Dębicka, Joanna |
| collection | Directory of Open Access Books |
| description | This book offers a comprehensive understanding of a novel approach to household security following the loss of an adult member, introducing the concept of Bridging Household Life Insurance. It addresses the financial and functional instability that families face after the death of a spouse or partner by proposing a new type of insurance that compensates for the loss of unpaid domestic labour, such as caregiving, household management, and other essential non-market activities. Unlike traditional life insurance, the proposed contract focuses not only on income replacement but also on maintaining household stability by covering the cost of services that become necessary due to the loss of a family member’s contributions. Thus, it helps ensure continuity in everyday life, reducing the burden on surviving family members and helping them adapt to new circumstances without significant disruptions. The book develops an advanced multistate model that the variability of the household life cycle, not just the future lifetime of the insured persons, which allows for more accurate contract valuation. Comparative analyses across EU countries are used to examine the impact of socio-demographic factors and the COVID-19 pandemic on the premium amount. In addition, the book offers practical recommendations for implementing this insurance on the market and considers its applications in social and demographic policy, national accounts, and the fields of law and economics. The work enriches the existing literature with new tools and concepts that researchers, scholars, actuaries and practitioners can use to manage risk better and protect households against financial instability. |
| format | Online |
| id | doab-20.500.12854ir-170081 |
| institution | Directory of Open Access Books |
| language | eng |
| publishDate | 2025 |
| publishDateRange | 2025 |
| publishDateSort | 2025 |
| publisher | Taylor & Francis |
| publisherStr | Taylor & Francis |
| record_format | ojs |
| spelling | doab-20.500.12854ir-1700812025-12-11T05:20:01Z Financial Security and Household Life Insurance Dębicka, Joanna Jędrzychowska, Anna Household finance household risk assessment Bridging insurance unpaid care valuation European Union demographic insurance modelling Life insurance non-market labour economics Markov chains social policy analysis Multistate model actuarial science applications Actuarial modelling post-bereavement financial adaptation thema EDItEUR::K Economics, Finance, Business and Management::KF Finance and accounting::KFF Finance and the finance industry::KFFN Insurance and actuarial studies thema EDItEUR::K Economics, Finance, Business and Management::KJ Business and Management::KJC Business strategy thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCB Macroeconomics thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCP Political economy thema EDItEUR::K Economics, Finance, Business and Management::KF Finance and accounting::KFF Finance and the finance industry::KFFL Credit and credit institutions This book offers a comprehensive understanding of a novel approach to household security following the loss of an adult member, introducing the concept of Bridging Household Life Insurance. It addresses the financial and functional instability that families face after the death of a spouse or partner by proposing a new type of insurance that compensates for the loss of unpaid domestic labour, such as caregiving, household management, and other essential non-market activities. Unlike traditional life insurance, the proposed contract focuses not only on income replacement but also on maintaining household stability by covering the cost of services that become necessary due to the loss of a family member’s contributions. Thus, it helps ensure continuity in everyday life, reducing the burden on surviving family members and helping them adapt to new circumstances without significant disruptions. The book develops an advanced multistate model that the variability of the household life cycle, not just the future lifetime of the insured persons, which allows for more accurate contract valuation. Comparative analyses across EU countries are used to examine the impact of socio-demographic factors and the COVID-19 pandemic on the premium amount. In addition, the book offers practical recommendations for implementing this insurance on the market and considers its applications in social and demographic policy, national accounts, and the fields of law and economics. The work enriches the existing literature with new tools and concepts that researchers, scholars, actuaries and practitioners can use to manage risk better and protect households against financial instability. 2025-12-11T05:20:00Z 2025-12-11T05:20:00Z 2025-12-10T13:43:52Z 2025 book ONIX_20251210T144036_9781040565971_10 https://library.oapen.org/handle/20.500.12657/109056 9781040565971 9781041091868 9781040668900 9781003648864 https://directory.doabooks.org/handle/20.500.12854/170081 eng Routledge Focus on Economics and Finance open access image/jpeg Attribution-NonCommercial-NoDerivatives 4.0 International https://library.oapen.org/bitstream/20.500.12657/109056/1/9781040565971.pdf Taylor & Francis Routledge 10.4324/9781003648864 10.4324/9781003648864 fa69b019-f4ee-4979-8d42-c6b6c476b5f0 9781040565971 9781041091868 9781040668900 9781003648864 Routledge 146 Oxford open access |
| spellingShingle | Household finance household risk assessment Bridging insurance unpaid care valuation European Union demographic insurance modelling Life insurance non-market labour economics Markov chains social policy analysis Multistate model actuarial science applications Actuarial modelling post-bereavement financial adaptation thema EDItEUR::K Economics, Finance, Business and Management::KF Finance and accounting::KFF Finance and the finance industry::KFFN Insurance and actuarial studies thema EDItEUR::K Economics, Finance, Business and Management::KJ Business and Management::KJC Business strategy thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCB Macroeconomics thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCP Political economy thema EDItEUR::K Economics, Finance, Business and Management::KF Finance and accounting::KFF Finance and the finance industry::KFFL Credit and credit institutions Dębicka, Joanna Jędrzychowska, Anna Financial Security and Household Life Insurance |
| title | Financial Security and Household Life Insurance |
| title_full | Financial Security and Household Life Insurance |
| title_fullStr | Financial Security and Household Life Insurance |
| title_full_unstemmed | Financial Security and Household Life Insurance |
| title_short | Financial Security and Household Life Insurance |
| title_sort | financial security and household life insurance |
| topic | Household finance household risk assessment Bridging insurance unpaid care valuation European Union demographic insurance modelling Life insurance non-market labour economics Markov chains social policy analysis Multistate model actuarial science applications Actuarial modelling post-bereavement financial adaptation thema EDItEUR::K Economics, Finance, Business and Management::KF Finance and accounting::KFF Finance and the finance industry::KFFN Insurance and actuarial studies thema EDItEUR::K Economics, Finance, Business and Management::KJ Business and Management::KJC Business strategy thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCB Macroeconomics thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCP Political economy thema EDItEUR::K Economics, Finance, Business and Management::KF Finance and accounting::KFF Finance and the finance industry::KFFL Credit and credit institutions |
| topic_facet | Household finance household risk assessment Bridging insurance unpaid care valuation European Union demographic insurance modelling Life insurance non-market labour economics Markov chains social policy analysis Multistate model actuarial science applications Actuarial modelling post-bereavement financial adaptation thema EDItEUR::K Economics, Finance, Business and Management::KF Finance and accounting::KFF Finance and the finance industry::KFFN Insurance and actuarial studies thema EDItEUR::K Economics, Finance, Business and Management::KJ Business and Management::KJC Business strategy thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCB Macroeconomics thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCP Political economy thema EDItEUR::K Economics, Finance, Business and Management::KF Finance and accounting::KFF Finance and the finance industry::KFFL Credit and credit institutions |
| url | ONIX_20251210T144036_9781040565971_10 |
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