Adverse selection Advantageous selection

e • We use a representative sample of life insurance purchasers from the SIPP. • We find that 62 % of life insurance purchasers are under age 50. • Individuals who have higher mortality are no more likely to hold life insurance. • This analysis finds no compelling evidence for adverse selection for life insurance. • Underwriting and institutional features may mitigate adverse selection. a r t i c l e i n f o Article history