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current assumption whole life insuranceDefinition A life insurance policy that has terms linked to the insurance company's earnings or performance as a stock or mutual fund. If lower mortality rates and expenses and/or higher than exp [..]
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current assumption whole life insuranceA type of whole life insurance where the cash values are based on the insurer's current mortality, investment, and expense experience. An amassment account is credited with a current interest rat [..]
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current assumption whole life insuranceNonparticipating whole life policy in which the cash values are based on the insurer's current mortality, investment, and expense experience. An accumulation account is credited with a current in [..]
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current assumption whole life insuranceNonparticipating Whole Life Policy in which the cash values are based on the Insurer's current mortality, investment, and expense experience. An accumulation account is credited with a current in [..]
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