| Comment | Response |
|---|---|
| One commentator felt the definition in section 2.4 departs from the terms that are commonly used for single-premium-life-annuity-type prepayments of fees that would otherwise be paid on a recurrent basis over the insured’s (“resident” or “member” in the terminology of the ASOP) lifetime. | The reviewers disagree and made no change in response to this comment. |
- Froogled By:
- Elias Makere, FSA, MAAA
- Last Froogled:
ASOP 3 | Commentary Section 2.4 | COMMENT ON SECTION 2.4
Feel free to use it throughout your financial/insurance life.
Sincerely,
www.FroogleMe.com
