Replacement Ratio


Definition of "Replacement ratio"

Measure showing how much life insurance an agent has lost through replacement. It is expressed as a percentage of number of policies, face amount, or premium volume.



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What are comparables or comps? How Much Income Do I Need ? How can I figure out my debt-to-income ratio? I looked at a property yesterday with a REALTOR® who seems to be clueless. I am really interested in purchasing the property, though. Can I switch agents and still make the purchase? What does a back-end ratio mean?