{"id":7500,"date":"2020-01-31T15:17:26","date_gmt":"2020-01-31T14:17:26","guid":{"rendered":"https:\/\/www.prismalife.com\/prismawiki\/actuarial-reserve\/"},"modified":"2020-01-31T15:17:26","modified_gmt":"2020-01-31T14:17:26","slug":"actuarial-reserve","status":"publish","type":"encyclopedia","link":"https:\/\/www.prismalife.com\/en\/prismawiki\/actuarial-reserve\/","title":{"rendered":"Actuarial Reserve"},"content":{"rendered":"<p>The actuarial reserve is the provision for future <a href=\"https:\/\/www.prismalife.com\/en\/prismawiki\/policy\/\" target=\"_self\" title=\"See &ldquo;Insurance Policy&rdquo;\" class=\"encyclopedia\">policy<\/a> benefits calculated by using the calculation bases of <a href=\"https:\/\/www.prismalife.com\/en\/prismawiki\/premium-2\/\" target=\"_self\" title=\"Payment by the policyholder for the insurance cover. A distinction is made between first premium and subsequent premium. Initial premium: Premium where the payment brings the insurance cover into effect, unless provisional cover has been granted or retroactive cover has been agreed (material commencement of insurance). If the initial premium is not paid on time,&hellip;\" class=\"encyclopedia\">premium<\/a> calculation; for unit-linked insurance policies, the actuarial reserve is derived from the value of the fund units.<\/p>","protected":false},"author":1,"template":"","encyclopedia-category":[],"encyclopedia-tag":[],"class_list":["post-7500","encyclopedia","type-encyclopedia","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/www.prismalife.com\/en\/wp-json\/wp\/v2\/encyclopedia\/7500","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.prismalife.com\/en\/wp-json\/wp\/v2\/encyclopedia"}],"about":[{"href":"https:\/\/www.prismalife.com\/en\/wp-json\/wp\/v2\/types\/encyclopedia"}],"author":[{"embeddable":true,"href":"https:\/\/www.prismalife.com\/en\/wp-json\/wp\/v2\/users\/1"}],"version-history":[{"count":0,"href":"https:\/\/www.prismalife.com\/en\/wp-json\/wp\/v2\/encyclopedia\/7500\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.prismalife.com\/en\/wp-json\/wp\/v2\/media?parent=7500"}],"wp:term":[{"taxonomy":"encyclopedia-category","embeddable":true,"href":"https:\/\/www.prismalife.com\/en\/wp-json\/wp\/v2\/encyclopedia-category?post=7500"},{"taxonomy":"encyclopedia-tag","embeddable":true,"href":"https:\/\/www.prismalife.com\/en\/wp-json\/wp\/v2\/encyclopedia-tag?post=7500"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}