Can I read Term Mortality and Lapses on EtoBox?
Term Mortality and Lapses by Noura Shamseddine is a document available to read on EtoBox.
What is Term Mortality and Lapses about?
The document discusses challenges in setting mortality assumptions for term life insurance after the level premium period ends. It is difficult to find credible historical experience data given changes over time. Companies use different approaches like Becker-Kitsos or Dukes-MacDonald which involve judgment as future mortality is uncertain. The SOA is working to improve data collection to help study lapse rates and define preferred classes.
- Author
- Noura Shamseddine
- Language
- EN