Description: Addresses Scheel's proposal for splitting life insurance between its savings and death benefit elements in order to reduce total variance of the risk. This paper refutes Scheel's proposition.

Description: This paper presents the application of the asset share technique of pricing to Home Equity Line of Credit insurance. The paper's objective is to provide useful tools when developing a new HELOC product including projections for marketing and underwriting, distinctions between desirable and undesirable product design features, and development of premium rate structures. From Actuarial Research Clearing House 1990, VOL. 2

Description: Using data from a large insurance company, we construct a parametric model for the joint survival function based on a Hougaard copula function.