New Persistency Study Shows Lapse Rates Have Generally Declined

Overall lapse rates for whole life plans were down in 2003 and 2004, according to a joint study sponsored by LIMRA International, Windsor, Conn., and the Society of Actuaries, Schaumburg, Ill. (link updated)

http://www.lifeandhealthinsurancenews.com/Issues/2008/17/Pages/New-Persi...

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