ASET April 2014 Q1(vii) The solution of this question talks about the asset shares for WP endowment assurance vs whole of life. I'm trying to visualise the difference between the two to further understand what the solution is trying to say - is the diagram below correct?
Hi edcvfr, I agree with on how the shape of the asset share curve of an endowment assurance compares to that of a whole life product. But this is assuming the sum assured commissions and expenses (initial and terminal) for these products are similar.
