Question

What may necessitate adjustments to withdrawal rates?

a.

A change in the insurer's financial objectives

b.

A change in the company's distribution channel

c.

A change in the benefits offered or target market

d.

A change in the company's withdrawal policies

Posted under IC 92 Actuarial Aspects of Product Development

Answer: (c).A change in the benefits offered or target market Explanation:Adjustments to withdrawal rates may be necessary due to a change in the benefits being offered or target market, along with other factors like distribution channels.

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Q. What may necessitate adjustments to withdrawal rates?
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