Description
TONTINE indicates whether a member of the household participates in a tontine. The Oxford English Dictionary defines tontine as "a scheme for life insurance in which the beneficiaries are those who survive and maintain a policy to the end of a given period."
The information in TONTINE is taken from the household record and applies to regular household residents, not temporary visitors. Researchers may wish to exclude visitors using the RESIDENT variable (with visitors coded "2") when women, children, or births are the unit of analysis, and using the HHRESIDENT variable when household members are the unit of analysis.
