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Just got a website update email from UHL.
""Persistency ratios are now available for the 7-month, 13-month, 25-month, and 37-month measuring periods. These ratios should be at least 80%, 65%, 52%, & 44% for each of these measuring periods, respectively............''"
Are they kidding. 1 year = 65% 2 year = 52% That sounds really low.
1\2 of your business falls off after 2 year and 2/3 after 3 years?
That sounds like a really hard way to make a living
""Persistency ratios are now available for the 7-month, 13-month, 25-month, and 37-month measuring periods. These ratios should be at least 80%, 65%, 52%, & 44% for each of these measuring periods, respectively............''"
Are they kidding. 1 year = 65% 2 year = 52% That sounds really low.
1\2 of your business falls off after 2 year and 2/3 after 3 years?
That sounds like a really hard way to make a living
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