An Insurance Plan to Guarantee Reverse Mortgages
分析了反向抵押贷款因到期期限而影响普及的问题，描述并模拟了保险安排如何改变保费和月付，以保障贷款持续。
Reverse mortgages for the elderly have been available formally since 1981. One inhibiting factor to the popularity of such loans has been the existence of a term to maturity. This results in either a termination of income or even mandatory repayment. Prototype arrangements for insuring reverse mortgages are described and analyzed. Simulations are conducted to explain how the arrangements would differ in practice and to demonstrate the sensitivity of the insurance arrangements (i.e., premiums and monthly disbursements) to background parameters.