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  • Term Insurance and Minimum Cash Values
    Approved Amendments: Standard Non- forfeiture and Valuation Laws") have omitted "decreasing" from (lb). ... If) Cash values must equal the valuation reserve less 2] per cent of the "amount of insurance." lg) ...

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    • Authors: Thomas K Pennington, Frederick S Townsend, Frank Zaret, Herbert L Feay, Harwood Rosser
    • Date: Oct 1963
    • Competency: External Forces & Industry Knowledge; Technical Skills & Analytical Problem Solving>Problem analysis and definition
    • Publication Name: Transactions of the SOA
    • Topics: Life Insurance>Non-forfeiture benefits; Public Policy