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  • Modernizing the Nonforfeiture Laws for Individual Life Products
    fund, with future premiums, future benefits. A primary purpose of the Standard Nonforfeiture Law, and ... this article discusses the following: 1. The primary reasons that the nonforfeiture laws exist, including ...

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    • Authors: David S Lee
    • Date: Jun 2009
    • Competency: External Forces & Industry Knowledge>Actuarial methods in business operations
    • Publication Name: Product Matters!
    • Topics: Life Insurance>Non-forfeiture benefits