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A Reserve Basis for Guaranteed Benefits under Variable Annuity Contracts
Variable Annuity Contracts This paper describes some of the minimum guaranteed death and maturity benefits ... proposes prospective reserves for these guarantees based on change factors that are somewhat analogous to interest ...- Authors: Herbert W Hickman
- Date: Nov 1970
- Competency: Technical Skills & Analytical Problem Solving>Process and technique refinement
- Publication Name: Transactions of the SOA
- Topics: Annuities>Guaranteed living benefits; Annuities>Reserves - Annuities