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An Approach to the Pricing and Valuation of a Social Insurance Supplement to Disability Income Policies
An Approach to the Pricing and Valuation of a Social Insurance Supplement to Disability Income ... Under SSDI, the eligible beneficiary receives the primary insurance amount (PIA), which is related to his ...Description: This paper discusses social insurance supplement - SIS insurance which is a disability income policy rider that pays an additional benefit on disability if the insured is not receiving benefits from a social program. It provides one possible framework for the actuarial structure of the product. From Transactions of Society of Actuaries 1979, Vol. 31.
Hide- Authors: Emanuel Halpern, Bruce Schobel
- Date: Oct 1979
- Competency: External Forces & Industry Knowledge
- Publication Name: Transactions of the SOA
- Topics: Health & Disability>Disability insurance; Social Insurance>Social Security