Q. What effect does the availability of different premium payment modes have on withdrawal rates?

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Q. How does the competitive situation of the product affect withdrawal rates?

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Q. What is the first step in deriving assumptions for withdrawal rates?

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Q. Why is the time period for data collection important in withdrawal experience analysis?

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Q. What is the recommended time frame for persistency analysis?

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Q. Which data source is typically the best for withdrawal experience analysis?

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Q. Which factors are typically considered in the grouping of data for withdrawal experience analysis?

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Q. How are first-year withdrawal rates calculated?

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Q. Which events should be excluded from the calculation of withdrawal rates?

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Q. What is the purpose of regrouping data in withdrawal experience analysis?

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Q. When would the presentation of withdrawal rate results require further consolidation?

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Q. What factors are considered when determining the weight to give to own experience and estimation in withdrawal experience analysis?

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Q. What does withdrawal risk refer to in insurance?

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Q. How can term products be designed to mitigate withdrawal risk?

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Q. What is model risk associated with withdrawal risk?

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Q. How do withdrawals impact mortality and expense assumptions in insurance?

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Q. What is the main factor determining the financial significance of withdrawal risk in insurance?

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Q. How can withdrawal risk be primarily controlled in insurance?

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Q. What approach can be used to incentivize agents to promote persistency?

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Q. How can insurance companies encourage regular premium payments?

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