@article {Boscaljon72, author = {Brian Boscaljon}, title = {Quantifying Unique Individual Portfolio Insurance Premiums}, volume = {15}, number = {1}, pages = {72--81}, year = {2012}, doi = {10.3905/jwm.2012.15.1.072}, publisher = {Institutional Investor Journals Umbrella}, abstract = {This article defines a model that identifies specific insurance premiums for unique individual portfolio protection against a pre-determined level of volatility. Individuals approaching retirement age are assumed to reach a satiation level of wealth sufficient to optimize their desire for future consumption and leisure time. A utility model is defined based on individuals{\textquoteright} unique preferences with respect to consumption and leisure time. The certainty-equivalent framework is then applied to this time-utility model to calculate specific insurance premiums for risk-averse investors.TOPICS: Portfolio construction, risk management}, issn = {1534-7524}, URL = {https://jwm.pm-research.com/content/15/1/72}, eprint = {https://jwm.pm-research.com/content/15/1/72.full.pdf}, journal = {The Journal of Wealth Management} }