Reply To: Reserve Pattern

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May 10, 2018 at 4:17 pm #23842
abhinandan7
Participant

    Term assurance can be both level or decreasing. In level, single lump sum is paid should the death happen within the term. For decreasing what I said earlier.

    Variations are always possible in any financial structure. You can check the products of any company (LICI etc.) and your thought might differ.

    You’ll get to know more about all these in your actuarial journey latter.

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