BEST-ESTIMATE ASSUMPTION

1. an assumption that reflects anticipated experience – with no provision for risk of adverse deviation.

2. an assumption that is designed to produce results which – on average – will be too high half of the time and too low half of the time.

3. an assumption that has the greatest likelihood of being correct.

Congratulations! You're now Froogled Up™ on what "Best-Estimate Assumption" means!

Feel free to use it throughout your financial/insurance life.

Sincerely,

www.FroogleMe.com