The SOA, with SCOR as the researcher, completed an experience study of post-level term (PLT) lapse and mortality. In the first part of this session, the presenters will cover the key findings of the traditional analysis regarding the shock lapse, the PLT lapse and mortality experience. The remainder of the session will focus on the results of the predictive modeling, which will provide further insights into policyholder behavior in the post-level term period.
At the conclusion of the session, attendees will be able to:
• Identify key explanatory factors impacting policyholder behavior at the end of the level term period
• Understand the relationships between key factors and shock lapse and mortality deterioration
• Gain further insights into policyholder behavior through the predictive modeling results
• Understand how to use the interactive tools published as part of the traditional and predictive modeling PLT reports
• Apply these learnings when setting PLT assumptions
| |
| | |
|
|
|
| |
|
|
|