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Product Development News, August 2001, Issue No. 51
immediate, i.e., a x+t:15-t /a x:15] “based on the mortality table and interest rate used in calculating the net ... made to date against the policy value. For these annuity values, x is the age at which the surren- der charge ...- Authors: Matthew Easley, Stephen A J Sedlak, Robert Hafner
- Date: Aug 2001
- Publication Name: Product Matters!
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Federal DAC Tax
Applying this formula produces the following table of illustrative PDAC costs for non-pension annuities ... To illustrate this, consider a single, premium annuity with a premium of $1000, commission of 5%, acquisition ...- Authors: Matthew Easley, Stephen A J Sedlak, Gregory A Simmons
- Date: Aug 2001
- Competency: External Forces & Industry Knowledge; Technical Skills & Analytical Problem Solving
- Publication Name: Product Matters!
- Topics: Annuities>Pricing - Annuities; Life Insurance>Pricing - Life Insurance