This paper has several goals in relation to each living benefit rider type: To define the various living benefit riders listed above, to provide historical sales data and general filing requirements, to explore how underwriting and administration is handled, and to comment briefly on the overall level of claims activity experienced thus far compared to pricing expectations.
This article was originally published by the Society of Actuaries.
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Report on life and annuity living benefit riders considerations for insurers and reinsurers
This paper has several goals in relation to each living benefit rider type.
Carl Friedrich, Susan Saip, Teresa McNeela, Robert Eaton