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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 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 …



Q&A About Yearly Price Of Protection Method


How much would you receive if you canceled your life insurance policy and withdrew all your money from it?

You would receive part of your premiums paid plus interest earned on those premiums paid for that year, but only if there were no outstanding loans or other obligations attached to your policy. If there are outstanding loans or other obligations then you will have to pay them off first before receiving any remaining funds from your cash surrender value.

How do you find out the cost of protection for an insurance policy?

You find out by relating it to computations involving insurance probability estimates.

What does this method relate to?

This method relates to computations that involve insurance probability estimates.

Who does protectionism benefit?

Protectionism benefits producers, businesses, and workers in the import-competing sector in the country that implements protectionist policies.

What is the economic policy of restricting imports from other countries?

The economic policy of restricting imports from other countries is called protectionism.

What is the Yearly Price Of Protection Method?

The Yearly Price of Protection Method is a method used in actuarial analysis, which is often used in the insurance industry.

What does this method determine?

This method determines the cost of protection for a policy that includes a savings component such as a cash value life insurance policy.

What are some methods used to restrict imports?

Some methods used to restrict imports include tariffs, import quotas, and a variety of other government regulations.

Who does protectionism hurt?

Protectionism hurts consumers in general (by raising the cost of imported goods), and harms producers and workers in export sectors both in the country implementing protectionist policies and in the countries protected against.

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