The impact of health impairment on optimal annuitization for retirees

• المؤلفون الرئيسيون: Asmuni, Nurin Haniah, Tan, Ken Seng, Purcal, Sachi
• مؤلفون آخرون: Nanyang Business School
• التنسيق: مقال
• اللغة: English
• منشور في: 2023
• الموضوعات: Business::Finance; Adverse Selection; Enhanced Annuity;
• الوصول للمادة أونلاين: https://hdl.handle.net/10356/164804
• المؤسسة: Nanyang Technological University

Post retirement, annuities provide a steady stream of income for retirees. However, the annuitization rate is relatively small in the insurance market in many countries around the world. Prior studies have shown that a substandard health status in retirement reduces annuitization due to adverse sele...