Monday, October 10, 2005

 

Life Valuation Rate Decline Opens Product Opportunities

Due to market interest rates generally declining over the past five years, the maximum valuation interest rate for calculating statutory reserves for life insurance policies will decrease from the current 4.5% annual level for long-term life insurance contracts to 4% for issues in calendar year 2006.

Life Valuation Rate Decline Opens Product Opportunities
Source: National Underwriter (subscription required)

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