Life Insurance Premiums Likely To Rise As Life Valuation Rates Decline
http://www.usais.org/articles/31014/1/Life-Insurance-Premiums-Likely-To-Rise-As-Life-Valuation-Rates-Decline/Page1.html
Jonathan Carlson
Jonathan Carlson is a veteran freelance writer covering the a Jonathan Carlson is a veteran freelance writer covering the <a href="http://www.insurancenewsnet.com/">http://www.insurancenewsnet.com/</a> life insurance industry.
By Jonathan Carlson
Published on 04/13/2008
Due to the fact that market interest rates have been declining over a period of about five years now, the maximum valuation interest rate that can be used to calculate statutory reserves for policies of life insurance is probably going to decrease from the current rate of 45 percent for a long term life insurance contract to about 4 percent