Lapse and Mortality

dimanche 21 septembre 2014

Question : Does lower lapse lead to lower or higher mortality?



I think lower lapse lead to higher mortality because it's a kind of anti-selection,the few lapses are the healthy folks, the bad healths persist in the pool thus leading to higher persister mortality.



But the Ace card #136 ( LIPF Ch3) says " Effect of low lapse rates -- this should lead to a lower Mortality."



So, where am I misunderstanding this? :shake:





Lapse and Mortality

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