Description: The Product Development Section has recently sponsored research on waiver of premium and waiver of charges riders. Waiver riders are commonly offered as optional benefits or included automatically on individual life insurance policies as an integrated benefit. In the event of disability, a waiver rider may waive future life insurance premium due or contribute an amount to a flexible account, such as the average premium paid over the past year or the cost of insurance charges. Despite the prevalence of these riders, the current valuation standard is still the 1952 Society of Actuaries (SOA) Disability Table.

Description: The presenters will provide an overview of the current state of the Group Life product space.

Description: Data Request from individual life carriers who have policies that have a waiver of premium provision.

Description: The presenters will dig into the little rider that most actuaries don't spend much time thinking about. A regulator, a direct writer and a consultant will discuss their thoughts on this rider and point out areas where actuaries should focus before deeming it insignificant. Topics will include the current study underway to update the industry experience study (most recently done in 1952), underwriting considerations, interactions with other riders, benefit designs, unique issues on UL policies, tax implications and reserving considerations

Description: This paper summarizes the results of a survey of waiver of premium/monthly deduction rider assumptions and experience.

Description: This paper summarizes the results of a survey of waiver of premium/monthly deduction rider assumptions and experience.

Description: A description of the ways that MPD section brings value to it's members.

Description: This article is a book review of Lean In: Women, Work, and the Will to Lead by Sheryl Sandberg.

Description: Hear an update on activities of the SOA Disability Special Interest Group, along with brief presentations of interest to disability insurance actuaries. Time will also be provided for networking. his breakfast is open to all meeting attendees free of charge. If you plan to attend, you must register in advance.

Description: A summary of the MPD section's involvement with the 2013 SOA Annual Meeting.