PT - JOURNAL ARTICLE AU - Brian Boscaljon TI - Quantifying Unique Individual Portfolio Insurance <br/>Premiums AID - 10.3905/jwm.2012.15.1.072 DP - 2012 Apr 30 TA - The Journal of Wealth Management PG - 72--81 VI - 15 IP - 1 4099 - https://pm-research.com/content/15/1/72.short 4100 - https://pm-research.com/content/15/1/72.full AB - 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’ 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