A model for the valuation of traditional participatinglifeinsurance policies is set up.
对传统的参加寿险保单的估价建立了模型。
2
Participatinglifeinsurance can be decomposed into three parts:a fixed-income bond, a bonus option and a surrender option.
分红型人寿保险保单可以视作由三部分构成：固定收益债券、分红权和退保权。
3
ICLIC has launched more than 20 insurance products, including traditional life, endowment, medical care, critical illness, individual personal accident and participatinginsurance.