1. Lower lapse rates lead to lower mortality than normal.
Why does the solution to 1.d.(ii) say:
Mortality
• As a result of fewer lapses of unhealthy lives, overall mortality should deteriorate compared to original standalone UL product.
Why does the solution to 1.d.(ii) say:
Mortality
• As a result of fewer lapses of unhealthy lives, overall mortality should deteriorate compared to original standalone UL product.
Spring 2012 1(d)
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