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Canadian Report on the Survey of Post-Level Premium Period Lapse and Mortality Assumptions for Level Premium Term Plans

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Canadian Report on the Survey of Post-Level Premium Period Lapse and Mortality Assumptions for Level Premium Term Plans

The Canadian Institute of Actuaries (CIA) and Society of Actuaries (SOA) engaged RGA Reinsurance Company (RGA) to undertake a research project on level premium term life insurance products with a particular focus on the magnitude and impact of the “shock lapse” at the end of the level premium period. This project is similar to the SOA-sponsored research completed by RGA in 2014 for USA business.

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Questions Or Comments

If you have comments or questions, please send an email to research@soa.org.