volume 9, issue 01, P217-237 2003
DOI: 10.1017/s1357321700004177
View full text
A. S. Macdonald

Abstract: abstractThe Human Genetics Commission intends to study the use of family history in underwriting, regarding it as genetic information in a broad sense. We survey the developments in genetics and insurance that led up to this decision. We propose a model for studying the possible costs of adverse selection in the mortgage-related life insurance market (which is important in the United Kingdom) with and without moratoria on the use of family history. We consider both level and decreasing term assurances, findin…

expand abstract