Assume you have two groups of policies, each consisting of 1000 policies, issued at the same time

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Assume you have two groups of policies, each consisting of 1000 policies, issued at the same time to groups of the same age. One group consists of single-premium whole-life policies and the other of 20-payment whole-life policies. If mortality is less than anticipated, which group will show the largest mortality savings?

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Fundamentals Of Risk And Insurance

ISBN: 978-1118534007

11th Edition

Authors: Emmett J. Vaughan ,Therese M. Vaughan

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