Annuities provided by general insurers, lumps
sums common as well
- France: indexed annuities common, indexation
provision is borne by state
- Belgium: annuities rare, done on indexed
basis
- mostly for minors, imposed by court
- insurance industry not in favour of expansion,
pool set up to equalise costs
- Germany: unindexed annuities traditionally -
now lump sums are common
Conclusion
15 years ago
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