What Does Change in Valuation Basis Mean?
What does Change in Valuation Basis mean? Read on to discover the definition & meaning of the term Change in Valuation Basis - to help you better understand the language used in insurance policies.
Change in Valuation Basis
A change in the interest rate, mortality assumption or reserving method or other factors affecting the reserve computation of policies in force.
We hope the you have a better understanding of the meaning of Change in Valuation Basis.
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