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- W45303643 abstract "This chapter presents a case study on pricing dread disease insurance. Dread disease illness insurance is a comparatively new product in the UK insurance market. The insurance cover provides a capital sum upon the diagnosis of certain predefined dread diseases or incapacitating conditions such as a heart attack, cancer, or a stroke. Most of the existing insurers in the United Kingdom, dread disease market specifically exclude claims arising directly or indirectly from AIDS or infection by any HIV. Dread disease or critical illness insurance provides the sufferer with a capital sum upon the diagnosis of certain life-threatening or incapacitating illnesses. To receive benefit the client does not necessarily have to be unable to work, neither does he or she have to die as a result of the illness. Insurers who market their product via more than one distribution channel must decide whether to charge the same price for each outlet, or vary it by distribution channel. In general, clients who use independent intermediaries are likely to be more prices sensitive and may be charged a lower price." @default.
- W45303643 created "2016-06-24" @default.
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- W45303643 date "1993-01-01" @default.
- W45303643 modified "2023-09-26" @default.
- W45303643 title "Pricing dread disease insurance" @default.
- W45303643 doi "https://doi.org/10.1016/b978-0-7506-0661-5.50029-1" @default.
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