具有住房反抵押选择权的长期护理保险定价研究

摘要

The article proposes a new product program-long-term care insurance with embedded reverse mortgage option, and designs its pricing model. Moreover, the article simulates the contract fees of insurance product and the amount of insur-ance payments yearly by making use of existing real estate prices, interest rates and mortality data. The result shows that com-pared with an ordinary long-term care insurance, this product can provide for the disabled elderly people an income at relative-ly low contract costs, and can keep the housing tenure.%本文在长期护理保险中嵌入住房反抵押贷款选择权，提出一个新的长期护理保险产品方案，并给出其定价模型。同时，根据对未来房屋价值、利率、死亡率等因素的预测，模拟计算具有住房反抵押选择权的长期护理保险的合约费以及可获得的给付金额。研究结果表明，与一般长期护理保险产品相比，具有住房反抵押贷款选择权的长期护理保险可以以当前相对较低的合约费为未来出现生活不能自理状态的老年人提供较多的收入，并可保留房屋的使用权至终生。