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Pricing a Select and Ultimate Annual Renewable Term Product
be the select period inherent in the mortality table used for product pricing, in practice one sees ... first-year commission to the agent upon reversion. Table 1 compares aggregate ART and S/U ART rates (five-year ...- Authors: Jeffery Dukes, Andrew M MacDonald
- Date: Jan 1980
- Competency: Technical Skills & Analytical Problem Solving
- Publication Name: Transactions of the SOA
- Topics: Life Insurance>Pricing - Life Insurance; Life Insurance>Term life