Single payment and single premium and (lump sum)

Generally, and in insurance in particular, not the ongoing payment into a contract, but exclusively on a single date (generally, and in insurance business in particular, a large one-time payment made for a total amount due, instead of making smaller periodic payments). – In 2011, single premiums in life insurance already accounted for around thirty percent of premium income. This represents a shift from the traditional business of insurance companies, which is geared to regularity and consistency of income, to volatile components that are subject to fluctuations. This places special demands on the risk management of insurance companies. – See exposure, life insurance, tontine, insurance uncertainties. – Cf. Financial Stability Report 2011, p. 64 (single premiums of German insurers since 1995; possible risks; references).

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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
E-mail address: info@ekrah.com
https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk
https://www.jung-stilling-gesellschaft.de/merk/
https://www.gerhardmerk.de/