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Theunit-Linkedinsurance- A Formof Long Termeconomizing In Thecontext Of Globalcrisis

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  • Ec. Ana Preda, Ph. D Student, Lect. Mirela Monea Ph. D

    (University of Craiova Faculty of Economics and Business Administration Craiova, Romania)

Abstract

Today, when nothing can be imagined without the insurance system, as any house, car, or credit or new life automatically involves an insurance policy, on grounds of modern thinking naturally based on the sense of prevention, education, perspective thinking and even on instinct. Taking into account the crisis we are going through, the question arises whether a unit-linked insurance policy is a good investment. If we pursue pure, immediate profitability, we can choose another investment, as the primary function of insurance is not of investment, but of protection. Unit linked is a new product that preserves its modern character on the level of global insurance, offering protection by insurance and, at the same time, the possibility to invest, thus being considered a form of economizing in times of crisis.

Suggested Citation

  • Ec. Ana Preda, Ph. D Student, Lect. Mirela Monea Ph. D, 2011. "Theunit-Linkedinsurance- A Formof Long Termeconomizing In Thecontext Of Globalcrisis," Annals of University of Craiova - Economic Sciences Series, University of Craiova, Faculty of Economics and Business Administration, vol. 4(39), pages 251-258, May.
  • Handle: RePEc:aio:aucsse:v:1:y:2011:i:8:p:251-258
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    File URL: http://feaa.ucv.ro/AUCSSE/0039v4-031.pdf
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    References listed on IDEAS

    as
    1. Møller,Thomas & Steffensen,Mogens, 2007. "Market-Valuation Methods in Life and Pension Insurance," Cambridge Books, Cambridge University Press, number 9780521868778.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    insurance; investment; protection; units; risk; financial crisis;

    JEL classification:

    • G01 - Financial Economics - - General - - - Financial Crises
    • G11 - Financial Economics - - General Financial Markets - - - Portfolio Choice; Investment Decisions
    • G22 - Financial Economics - - Financial Institutions and Services - - - Insurance; Insurance Companies; Actuarial Studies

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