Projection Factors
Definition of "Projection factors"
Expectations of investment return, mortality experience, and expenses used in projecting future cash values for life insurance and annuities. These projections cannot be part of the actual policy since they are not guaranteed. Rather, they take the form of separate computer printouts and are used in sales presentations.
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Figure in a mortality table derived by dividing the number of people dying during a given year by the number of people alive at the beginning of that same year. ...
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