2004–05 U.S. Individual Life Persistency Update

Experience Studies – Individual Life

This report presents the results of the most recent study of individual life insurance lapse experience in the United States conducted jointly by LIMRA International and the Society of Actuaries (SOA). The observation period for the study is calendar years 2004–05. The study is based on data provided by 34 individual life insurance writers and it presents lapse experience for whole life, term life, universal life and variable universal life plans issued between 1901 and 2005. This report includes results for most key policy and product factors.

To aid the reader in interpreting the information contained in the report, an Excel spreadsheet, which provides additional details, is also available.


Mortality for Standard Individually Underwritten Life Insurance Between 2004 and 2005 Policy Anniversaries

Individual Life–Aggregate Data Pivot Tables

Individual Life–Presentation of Preferred Data Pivot Tables

Individual Life–Presentation of Ultimate Data Pivot Tables

Questions Or Comments?

If you have comments or questions, please send an email to research@soa.org.