What does the valuation in Life Assurance mean?
1
The Process of Arriving at the Profit of a Life Assurance Company.
2
The Process of Determining the Net Premium for a Life Assurance Policy.
3
The Process of Arriving at the Bonus in a Life Assurance Company.
4
The Process, by which, the Value of All the Existing Policies, is ascertained, in a Life Assurance Company.