Variable universal life variable life: cost of insurance
Article Abstract:
An important aspect in the selection of a variable life insurance policy is the cost of the insurance. This cost, which represents that part of the premium deducted to cover administrative charges and mortality, reduces the amount available for investment. The insurance cost depends on what methods are used to charge policyholders. For example, the attained age method charges all policyholders at the same rate. The select and ultimate mortality method use tables to determine the level of mortality charges. For example, clients would incur lower mortality charges during earlier years.
Publication Name: Best's Review Life-Health Insurance Edition
Subject: Insurance
ISSN: 0275-0988
Year: 1995
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Flexible premium retirement annuity histories
Article Abstract:
Historical performance is the most accurate available indicator of how well a company will support its flexible premium retirement annuities (FPRA) products. The five-year performance of 79 FPRA contracts is compared, and the top 10 FPRAs, in terms of actual surrender value and actual accumulation value, are listed. Continental General Insurance is the top-ranked FPRA performer.
Publication Name: Best's Review Life-Health Insurance Edition
Subject: Insurance
ISSN: 0275-0988
Year: 1996
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