Yearly Price Of Protection Method

Yearly Price Of Protection Method

What is ‘Yearly Price Of Protection Method’

A method used in actuarial analysis, which is often used in the insurance industry. The Yearly Price Of Protection Method is used to find out the cost of protection of a policy that includes a savings component such as a cash value life insurance policy. It relates to computations that involve insurance probability estimates.

Explaining ‘Yearly Price Of Protection Method’

The cost of this protection is based on the cash value at the beginning of the year plus premiums paid for that year. The determined total is multiplied by an assumed interest rate factor of (1+i). The result equals the part of the life insurance premiums paid that can be received if the policy is canceled, in other words, the cash surrender value which only applies to ordinary life and limited policies, not term insurance.

Further Reading

Cost-effectiveness of aflatoxin control methods: economic incentivesCost-effectiveness of aflatoxin control methods: economic incentives
www.tandfonline.com [PDF]… fixing of deposit interest rates by banks, and adopt market mechanisms for protecting the environment … Economic Freedom of the World: 2001 Annual Report 3 EXECUTIVE SUMMARY • This is the fifth … Chapter 4 discusses how to measure the strength of protection of property …

A short-term cost-effectiveness study comparing robot-assisted laparoscopic and open retropubic radical prostatectomyA short-term cost-effectiveness study comparing robot-assisted laparoscopic and open retropubic radical prostatectomy
www.tandfonline.com [PDF]… fixing of deposit interest rates by banks, and adopt market mechanisms for protecting the environment … Economic Freedom of the World: 2001 Annual Report 3 EXECUTIVE SUMMARY • This is the fifth … Chapter 4 discusses how to measure the strength of protection of property …

Tourism potentials for financing protected areasTourism potentials for financing protected areas
www.sciencedirect.com [PDF]… fixing of deposit interest rates by banks, and adopt market mechanisms for protecting the environment … Economic Freedom of the World: 2001 Annual Report 3 EXECUTIVE SUMMARY • This is the fifth … Chapter 4 discusses how to measure the strength of protection of property …

Economic burden from health losses due to foodborne illness in the United StatesEconomic burden from health losses due to foodborne illness in the United States
meridian.allenpress.com [PDF]… fixing of deposit interest rates by banks, and adopt market mechanisms for protecting the environment … Economic Freedom of the World: 2001 Annual Report 3 EXECUTIVE SUMMARY • This is the fifth … Chapter 4 discusses how to measure the strength of protection of property …

Voluntary disclosure in the annual reports of New Zealand companiesVoluntary disclosure in the annual reports of New Zealand companies
onlinelibrary.wiley.com [PDF]… fixing of deposit interest rates by banks, and adopt market mechanisms for protecting the environment … Economic Freedom of the World: 2001 Annual Report 3 EXECUTIVE SUMMARY • This is the fifth … Chapter 4 discusses how to measure the strength of protection of property …

Harmonization, historical cost and investmentsHarmonization, historical cost and investments
search.proquest.com [PDF]… fixing of deposit interest rates by banks, and adopt market mechanisms for protecting the environment … Economic Freedom of the World: 2001 Annual Report 3 EXECUTIVE SUMMARY • This is the fifth … Chapter 4 discusses how to measure the strength of protection of property …