Bernheim, B. Douglas; Berstein, Solange; Gokhale, Jagadeesh - In: National Institute Economic Review 198 (2006) 1, pp. 75-96
studying saving and life insurance decisions.ESPlanner recommends annual levels of consumption, saving, and life insurance … being made by BU employees is very weak in the case of saving and essentially zero in the case of life insurance. Many … holds for life insurance. The degree of under-insurance seems particularly acute. Almost 13 per cent of those BU spouses who …