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Froogle 1.1.1.7
Froogled By:
Elias Makere, FSA, MAAA
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ASOP 2 | §2.6 | NGE SCALE

For each NGE, a series of one or more rates or values as determined by the insurer at a point in time. The elements of an NGE scale may vary by one or more parameters or may not vary by any parameter. Examples include the following:
a. COI rates that could vary based on issue age, underwriting class, and duration;

b. an expense load that could vary by duration and be applicable over a limited number of policy years; and

c. an interest rate that does not vary by any parameter.
ASOP 2 | Commentary Section 2.6 | COMMENT ON SECTION 2.6
Section 2.6, NGE Scale
CommentResponse
One commentator suggested either deleting NGE scale as a defined term or referencing anticipated experience factors in the definition.The reviewers disagree with the suggestion but clarified the language and added examples.
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