APE is defined as the standard premium for the first year after annual payment. The calculation formula is as follows:
APE= lump sum premium * 10%+ annual premium+semi-annual premium *2+ quarterly premium *4+ monthly premium * 12+ additional investment premium * 10%.
He is not targeting a single list, but the insurance company's annual premium calculation method.
Further reading: How to buy insurance, which is good, and teach you how to avoid these "pits" of insurance.