Date
Content Type
Publication Name
Author
- Society of Actuaries (8)
- Harwood Rosser (2)
- Charlie T Whitley (2)
- Charles F B Richardson (2)
- William L Farmer (1)
- Wanwan Huang (1)
- Thomas B Morrison (1)
- T Arnol Crowther (1)
- Steve Cooperstein (1)
- Saul Rosenthal (1)
- Richard M Stenson (1)
- Peter L J Ryall (1)
- Pearce Shepherd (1)
- Melvin L Gold (1)
- Leslie A Cannon (1)
- L Jefferson Stulce (1)
- Kenneth P Hinsdale (1)
- Karl L Manchester (1)
- Joseph R Brzezinski (1)
- John R Taylor (1)
- John K Roberts (1)
- John A Stedman (1)
- James Ross Gray (1)
- James M Woolery (1)
- James M Bates (1)
- JOE STANLEY MARSHALL (1)
- J Stanley Hill (1)
- Hudson J Stowe (1)
- H C Unruh (1)
- Gertrude A Schlachter (1)
- George Ryrie (1)
- Garnett E Cannon (1)
- Ernest J Moorhead (1)
- Ernest C Steele (1)
- Eli A Grossman (1)
- Elgin Robertson Batho (1)
- Douglas Bennett (1)
- Daphne D Bartlett (1)
- Clarence H Tookey (1)
- Christopher H Wain (1)
- Charles L. Trowbridge (1)
- Charles F Pestal (1)
- Bob J Bolin (1)
- Benjamin Bock (1)
- Ben J Helphand (1)
- B. M. Anderson (1)
- Arnold Shapiro (1)
- Archer L Edgar (1)
- Application Administrator (1)
- Alexander Marshall (1)
- Show More Show Less
Site
Topic
- Marketing and distribution - Life Insurance (21)
- Marketing and distribution - Annuities (7)
- Technology & Applications (3)
- Underwriting - Life Insurance (3)
- Health insurance (2)
- Banking and Insurance - Public Policy & Regulation (1)
- Long-term Care (1)
- Non-forfeiture benefits (1)
- Claims - Life Insurance (1)
- Reserves - Life Insurance (1)
- Pricing - Life Insurance (1)
- Life Insurance (1)
- Behavioral economics (1)
- Economics (1)
- Annuities (1)
- Show More Show Less
Competency
- External Forces & Industry Knowledge (8)
- External forces and business performance (7)
- Process and technique refinement (4)
- Strategy development (3)
- Communication (1)
- Problem analysis and definition (1)
- Strategic Insight and Integration (1)
- Public interest representation (1)
- Internal forces and business performance (1)
- Show More Show Less
-
Vanishing Premium Illustrations Revisted
Vanishing Premium Illustrations Revisted The NAIC's 'Life Insurance Illustrations Model Regulation,' which goes into effect on January 1, 1997, is largely a response to the ...Description: The NAIC's 'Life Insurance Illustrations Model Regulation,' which goes into effect on January 1, 1997, is largely a response to the perceived misrepresentations in life insurance illustrations, of which vanishing premiums is a notorious example. From an actuarial perspective, this state of affairs presents an interesting challenge. Rather than disallowing illustrations of risky contracts, why not develop an illustration for potential policyholders which adequately conveys the essence of these contracts and their probabilistic nature. The purpose of this paper is to discuss some preliminary observations related to the development of such illustrations.
Hide- Authors: Arnold Shapiro
- Date: Jan 1997
- Competency: External Forces & Industry Knowledge
- Publication Name: Actuarial Research Clearing House
- Topics: Life Insurance>Marketing and distribution - Life Insurance