Why is the rate of return on the saving component in most cash-value policies negative during the

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Why is the rate of return on the saving component in most cash-value policies negative during the early years of the policy?

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Principles of Risk Management and Insurance

ISBN: 978-0132992916

12th edition

Authors: George E. Rejda, Michael McNamara

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Question Posted: Jan 30, 2015 07:42 AM

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Why is the rate of return on the saving component in most cash-value policies negative during the

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The negative returns during the early years can be explained by the heavy ...View the full answer

Principles of Risk Management and Insurance

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