Abstract:

The article shows the size of the budget gap that arises in the household after the death of one of its members, who was the breadwinner of the family. One of the elements of this gap is lost by the family income of the deceased. The second is the compensation for the lost personal contribution. And the third is increased needs related to trauma treatment and the cost of a funeral. Each of the listed components is embedded in the scientific literature, and then it is shown how to estimate its multiplicity. The final part of the article includes an indication of the sources of financing damage with doing for its components. The last competition is that it is necessary to create insurance that would support the deceased's family in the area of lost personal contribution (unpaid work for the household). The aim of this paper is to present a possible methodology for capital valuation, corresponding to the impact of the death of one member of the household on the financial situation of the family. Knowledge of the current value of such capital (annuity) is important for insurance knowledge.