1.How do we determine whether a product is XSI or XSE ?
2. Is it sufficient to assume and state in an exam, without further justification, that savings products are XSI and protection products are XSE? (On this subject must we assume that savings products have no protection or that protection products have no savings, or assume that they're always a bit of both?)
3. Can't a product change from being XSI or XSE during its lifetime?
4. Also if a XSE company writes lots of XSI business will it quickly become XSI? Won't a company who's priced on an XSE or XSI basis have to re-price if company changes between XSE and XSI?
Last edited by a moderator: Aug 26, 2016