Table2_Mar02

Investment Savings and Insurance Association (ISI)

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Quarterly Report For Period Ending:
31 March 2002

Table 2A - Conventional Life Policies - All Companies (Discontinuances)   - March 02

Whole of Life API
($000's) No.of
Policies

Lapses 218 185

Surrenders 2630 3989

All Other 1103 2037

Endowment

Lapses 74 57

Surrenders 964 1414

All Other 1065 2476

Term Life

Discontinuances 12741 31114

Sub Total

Lapses 292 242

Surrenders 3594 5403

Term Life Discontinuances 12741 31114

All Other Discontinuances 2168 4513

Table 2B Unbundled Life Policies - All Companies (Discontinuances)    -
March 02

Capital Stable API
($000's) No.of
Policies

Lapses 123 118

Surrenders 1193 969

All Other Discontinuances 282 368

Equity Linked

Lapses 1072 286

Surrenders 9174 6176

All Other Discontinuances 2256 421

Sub Totals

Lapses 1195 404

Surrenders 10367 7145

All Other Discontinuances 2538 789

Table 2C - Personal Superannuation - All Companies (Discontinuances)   - March 02

Personal Superannuation Annual
Contributions
($000's)

Lapses 1240

Surrenders 5571

All Other Discontinuances 1731

Table 2D - Annuities - All Companies (Discontinuances) - March 02

Discontinuances Annuities
Per Annum
($000's) No.of
Policies

Totals 720 23

Table 2E - Individual Income Replacement, Accident, & Trauma - All Companies (Discontinuances) - March 02

Individual Policies API
($000's) No.of
Policies

Income Replacement 3331 3873

Accident Only 1845 6157

Trauma 992 778

Sub Totals 6168 10808

Note: Medical insurance details were discontinued as from September 1999

Table 2F - Termination Of Group Schemes - All Companies (All Discontinuances) - March 02

API
($000's) Annual
Contributions
($000's)

Employee Superannuation -
3225

Income Replacement 165

Accident Only -

Group Life and TPD -1008

Sub Total 2382