As with all Institute publications, the views expressed here are those of the author and do not necessarily reflect the opinions of the Institute’s members or Board of Directors. [...] And one-tenth of pooling comes from relieving the financial effect the group would need to have enough to last 40 of the uncertainty of longevity, regardless of its years. [...] The a product that is available, but less widely purchased highest age to which the collection of the insurance than economists suggest is rational. [...] And so, the possibility of losing the longevity insurance that kicks in on survival to the premium on early death feels like – and in age 85, is a 20-year term insurance policy that pays some ways is – a gamble. [...] Catering to the typical buyer’s the precise number is sensitive to assumptions that psychology, they add an element of security to pure are irrelevant for the argument.