B
bryce
Member
hi, my question is with reference to Assignment Q4.7 (ii)
At the alteration point, the new policy has an increase in sum assured which would require underwriting. This would suggest the mortality basis used should be Select afterwards however the solutions indicate Ultimate mortality used. Why is this?
Thanks!
Bryce
At the alteration point, the new policy has an increase in sum assured which would require underwriting. This would suggest the mortality basis used should be Select afterwards however the solutions indicate Ultimate mortality used. Why is this?
Thanks!
Bryce