Under One Method of Estimating a Loss Reserve in Life

question 7

Multiple Choice

Under one method of estimating a loss reserve in life insurance and disability insurance,the reserve is based on life expectancy,duration of disability,and similar factors.This method of estimating loss reserves is called the

• A)judgment method.
• B)tabular value method.
• C)loss ratio method.
• D)average value method.

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Definitions:

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Patient Controlled Analgesia

A method of pain management that allows patients to self-administer analgesic medicine, usually through a programmable pump.

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Pain experienced by a patient following surgical procedures, which can vary in intensity and duration.

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A chronic inflammatory disorder affecting joints, including those in the hands and feet, characterized by painful swelling.