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Specification for Calculating Life Insurance Policy Reserves Under Sections 5 and 8 of the NAIC Standard Valuation Law as Amplified by the Valuation of Life Insurance Policies Model Regulation
at the end of policy year t for issue age x. 1-17. ~UCVx = Unusual guaranteed cash surrender value ... 7-17. ,SFx = 1.00 for t _> 16 No rounding is permitted when using formulas 7-14 through 7-17. When ...- Authors: Peter G Hendee
- Date: Jan 1995
- Competency: Technical Skills & Analytical Problem Solving
- Publication Name: Transactions of the SOA
- Topics: Life Insurance>Reserves - Life Insurance