Premium Whole Life Insurance Policy Interpretation
It’s difficult for ordinary people to understand a policy document, and traditional financial planning is based on understanding annualized returns. However, the calculation method of an increasing term life insurance policy is Internal Rate of Return (IRR), and there’s a difference between these two – what’s the difference and why does it exist?
When funds are invested in one go, Internal Rate of Return (IRR) and Annualized Return (Annualized Return) produce the same results.