Term to 100
Term to 100
- A product that is available and sold in Canada today, commonly called Term to 100, doesn’t have any nonforfeiture value at all.
- It’s a level-premium, whole-life product without any nonforfeiture value.
— Walter A. Neeves
1995 – SOA – Practical Illustrations and Nonforfeiture Values, Society of Actuaries – 14p