In life Insurance business,if a policy has acquired the paid up status and a revised Sum assured is calculated,what can be the sum at risk to be reinsured. For Example : 15 year policy of SA 1lac,3 premiums paid yet so revised PUSA =(3/15)*100000=20000. So What will be the sum at risk to be reinsured here...20000 or it will be (SA-PUSA) ?? Any article or pdfs related to this will be helpful,if shared. Thanks in advance.
