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Author

Mario Marino

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Open access Sep 2026

Valuation of GLWB variable annuities with long-term care option and accumulation phase

In the present work, we propose an evaluation framework for pricing guaranteed lifetime withdrawal benefit variable annuities equipped with long-term care (LTC) option by considering both an initial accumulation phase and a consequent income phase. Such insurance products allow for additional purchases during the acc...

Rosario Maggistro, Mario Marino, Ivan Zoccolan · 0 citations

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