Description: Survey to determine: 1. The general level of lapses and mortality expected for individual level premium term life insurance products for the period following the level premium period 2. Company experience for lapses and mortality for these products following the level premium period 3. The size of the premium increase at the end of the level premium period and the impact, if any, this has on lapse rates and mortality.

Description: This report presents the results of our survey on post-level premium period lapse mortality assumptions and experience for level premium term products. The survey was conducted in mid-2006.