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Version 2.1.0 - February to April 2009

1. Actuarial Guideline 45 added as an additional cash value method to calculate minimum cash values
2. The smoothness test that is consistent with Section 8 of the Standard Nonforfeiture Law and reinforced in Actuarial Guideline 45 is added. The Actuarial Auditor has an algorithm that will determine whether a set of non forfeiture factors exist so that a given policy is in compliance with the smoothness test. The user only needs to enter a few simple parameters and the Actuarial Auditor will determine whether it meets the smoothness test.
3. Detailed reports are provided that show the details of the Actuarial Guideline 45 and the Smoothness Test calculation.
4. The user input has been expanded to allow the user to enter the cash values as a percentage of accumulated premiums (return of premium).
5. Ability to compare reserves or cash values in the form of a graph.
6. Premium and Free editions added

Initial Release Version 2.0.0 (changes from SAVE Life) – September 2008

1. Added the option for the user to choose the FPT criteria. SAVE Life assumed the Menge interpretation was used. The standard interpretation was added.
2. Fixed bug in allowing select factors past the first segment if during the first 10 years.
3. Modified the expense allowance assumption to be more consistent with actuarial practices.
4. User input is printed automatically when processing