The difference between the reserve at any point in time and the face amount of the policy is known as the protection element for the insurer, and as the net amount at risk for the insured.
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Q1: In life insurance policy, if the insured
Q3: With universal, current assumption, and variable universal
Q4: In variable life insurance, the assumed rate
Q5: The accumulation value and cash value of
Q6: The current mortality rate, in universal life,
Q7: Single premium life policies are mainly sold
Q8: The amount at risk for the insurer
Q9: Some life insurance policies include dividends, and
Q10: In a one-year term life insurance, an
Q11: The premiums of life insurance policies increase
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