Assume two groups of policies, each consisting of 1000 policies, issued at the same time to groups of the same age. One group consists of single-premium whole-life policies and the other of 20-payment whole-life policies. If mortality is less than anticipated, which group will show the largest mortality savings?It should be an essay.

Answer rating: 100% (QA)

ANSWER The group with the singlepremium wholelife policies will show the largest mortality savings ... View the full answer