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AXIS Update Information
Update Summary: Dukes MacDonald Method for Handling Selective Lapses
Update Type: Enhancement
Version # : 12003001 (13 Jun 07)
Modules Affected: Regular Life , Universal Life , Par Products
Changes Results: No
GGY Job # 17209
Detailed Update Description
A new composite lapse table section, the Dukes MacDonald Method composite table, has been added to the Regular Life, Universal Life, and Par Products modules.

This new table is used to calculate mortality deterioration that arises from selective lapses.
 

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