Within the context of personal pension products, a new contractual scheme is proposed where an immediate life annuity is obtained by paying a single-premium in real estate form, for example by transferring to an insurer the (full or the) bare property of a house or a similar realty. The level of the instalments depends upon the prospective value of the transferred rights which, in turn, is influenced by the insured’s life expectancy (for example, the bare ownership value increases as a function of the usufructuary’s aging and turns into full property at his death).
Pension Schemes versus Real Estate / D’Amato, V.; Di Lorenzo, E.; Haberman, S.; Sibillo, M.; Tizzano, R.. - (2018), pp. 114-114. (Intervento presentato al convegno EURO 2018 29th European Conference on Operational Research tenutosi a Valencia, Spain nel 8-11 July 2018).
Pension Schemes versus Real Estate
E. Di Lorenzo;R. Tizzano
2018
Abstract
Within the context of personal pension products, a new contractual scheme is proposed where an immediate life annuity is obtained by paying a single-premium in real estate form, for example by transferring to an insurer the (full or the) bare property of a house or a similar realty. The level of the instalments depends upon the prospective value of the transferred rights which, in turn, is influenced by the insured’s life expectancy (for example, the bare ownership value increases as a function of the usufructuary’s aging and turns into full property at his death).I documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.
