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Topic 29: Life Insurance - 89 (b) Universal life, Option B (or 2) i This form of universal life pays the state face amount plus its cash value at the insured s death ii There is always a constant net amount at risk over the policy s cash value iii The death bene t increases when the cash value increases, whereas a reduction in cash value will reduce the death bene t iv The monthly mortality charges are based on the face amount of the policy every year v This option is more expensive than Option A (or 1) D Variable life insurance (1) The policy owner selects the investments to which the savings element will be directed (2) There is no guaranteed cash value or crediting rate (3) Investments are in separate accounts that look much like mutual funds, but technically are different Policies generally have between 5 and 15 separate accounts from which to choose, one of which is always a conservative interest-bearing account (4) In a down market, a policyholder runs the risk of being surprised with a premium notice that a substantial payment must be made just to keep the policy in force (5) A variable life insurance policy shifts the investment risk to the insured and lets the insured direct some or all of the policy s cash value into the securities market This permits the insured to participate in the returns of the equity market (6) Must be sold with a prospectus and can be sold only by licensed insurance and securities agents (7) Guaranteed minimum death bene t only equal to the initial face amount of the policy (8) Above the minimum, the death bene t depends on the performance of the policyowner s selected investments (9) Allows policy loans, but at a smaller percentage than traditional whole and universal life insurance (10) Contains the usual range of nonforfeiture options E Variable whole life insurance (1) Fixed premiums of whole life (2) Guaranteed death bene t of whole life (3) Investment exibility of variable life (4) The big difference from other types of whole life insurance is that it has no guaranteed cash values F Variable universal life insurance (1) Premium exibility of universal life (2) Death bene t design exibility of universal life (3) Investment exibility of variable life (4) The big difference from ordinary universal life insurance is that it has no guaranteed cash values G Endowment policies (1) Death bene t equals cash value at maturity (2) Purchaser can specify the policy s maturity date (10-, 15-, 20-, 25-, 30-year endowments, and longer) (3) Whole life insurance is identical in design to an endowment at age 100, when cash value equals the death bene t.



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In general, we can make the following conclusions about the performance-reliability tradeoffs implied by these options:

As knowledge is disseminated, individuals develop, create, and identify new knowledge or update old knowledge, which they replenish into the system. Knowledge is a resource that is not consumed when used, though it can age. (For example, driving a car in 1900 was different from driving one now, but many of the basic principles still apply.) Knowledge must be updated. Thus, the amount of knowledge grows over time.





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PTP and pub/sub are roughly equal in terms of scalability for a single producer and a single consumer PTP isn't as scalable as pub/sub for one producer and many consumers If your reliability model allows it, pub/sub offers a number of options for improving performance (eg, nonpersistent delivery or nondurable subscriptions) Also, the producer doesn't need to manage multiple queues, as is necessary in a PTP deployment for multiple consumers Nonpersistent delivery leads to better producer performance because it avoids synchronous logging of a message to a persistent store However, it's less reliable if the producer side of the integration encounters a problem Nondurable subscriptions lead to better consumer performance because they avoid the need for the client to acknowledge every message received However, it too is less reliable: Messages transmitted during client downtime can be lost

The Contents button can be used to check the disk device for speci c backups. If several backup instances are in the backup device, the Contents dialog can be used to select the correct backup. It then lls in the le number in the restore form.

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The shell corrections, just like the liquid drop (LD) energy, are functions of the nuclear deformation The shell corrections tend to lower the ground-state masses of spherical nuclei with magic or near-magic numbers of neutrons and protons They also tend to lower the ground-state mass of midshell nuclei at some nite deformation (b2 % 0:3), thus accounting for the deformed nature of the actinides A large minimum in the shell correction energies occurs when the ratios of the major/minor nuclear axes are in the ratio of small whole numbers, as 3 : 2 or 2 : 1 (corresponding to level bunchings in the single-particle levels) The qualitative result of combining these deformation-dependent shell corrections with the liquid drop barriers is shown in Figure 112 The stable ground-state shape is predicted to have some nite deformation (b2 0.

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