| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w28172 |
| 来源ID | Working Paper 28172 |
| Did COVID-19 Change Life Insurance Offerings? | |
| Timothy F. Harris; Aaron Yelowitz; Charles J. Courtemanche | |
| 发表日期 | 2020-12-07 |
| 出版年 | 2020 |
| 语种 | 英语 |
| 摘要 | The profitability of life insurance offerings is contingent on accurate projections and pricing of mortality risk. The COVID-19 pandemic created significant uncertainty, with dire mortality predictions from early forecasts resulting in widespread government intervention and greater individual precaution that reduced the projected death toll. We analyze how life insurance companies changed pricing and offerings in response to COVID-19 using monthly data on term life insurance policies from Compulife. We estimate event-study models that exploit well-established variation in the COVID-19 mortality rate based on age and underlying health status. Despite the increase in mortality risk and significant uncertainty, we find limited evidence that life insurance companies increased premiums or decreased policy offerings due to COVID-19. |
| 主题 | Microeconomics ; Economics of Information ; Health, Education, and Welfare ; Health ; COVID-19 |
| URL | https://www.nber.org/papers/w28172 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/585846 |
| 推荐引用方式 GB/T 7714 | Timothy F. Harris,Aaron Yelowitz,Charles J. Courtemanche. Did COVID-19 Change Life Insurance Offerings?. 2020. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w28172.pdf（374KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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