Longevity insurance

Longevity insurance,^[1] describes the process of mitigating against longevity risk. In the United States, such risk mitigation is often achieved using a longevity annuity^[2] or Tontine^{[dubious – discuss]}, qualifying longevity annuity contract (QLAC),^[3] deferred income annuity,^[4] an annuity contract designed to provide a regular income for life starting at a pre-established future age, e.g. 85^{[dubious – discuss]}, and purchased many years before reaching that age.

^ Milevsky, Moshe A. (2005). "Real Longevity Insurance with a Deductible: Introduction to Advanced Life Delayed Annuities (ALDA)". North American Actuarial Journal. 9 (4): 109–122. doi:10.1080/10920277.2005.10596229. S2CID 56403922.
^ Scott, Jason S. (January 2008). "The Longevity Annuity: An Annuity for Everyone?". Financial Analysts Journal. 64: 40–48. doi:10.2469/faj.v64.n1.6.
^ "QLAC Quote | Instant QLAC income rates". QLAC Quote. Retrieved 2019-02-01.
^ Blanchett, David (28 October 2014). "Allocating to a Deferred Income Annuity in a Defined Contribution Plan" (PDF). Morningstar working paper. Retrieved 17 April 2017.

[milevsky-1] Milevsky, Moshe A. (2005). "Real Longevity Insurance with a Deductible: Introduction to Advanced Life Delayed Annuities (ALDA)". North American Actuarial Journal. 9 (4): 109–122. doi:10.1080/10920277.2005.10596229. S2CID 56403922.

[scott-2] Scott, Jason S. (January 2008). "The Longevity Annuity: An Annuity for Everyone?". Financial Analysts Journal. 64: 40–48. doi:10.2469/faj.v64.n1.6.

[qlacquote.com-3] "QLAC Quote | Instant QLAC income rates". QLAC Quote. Retrieved 2019-02-01.

[blanchett-4] Blanchett, David (28 October 2014). "Allocating to a Deferred Income Annuity in a Defined Contribution Plan" (PDF). Morningstar working paper. Retrieved 17 April 2017.

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