volume 9, issue 01, P217-237 2003
DOI: 10.1017/s1357321700004177
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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…

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