Description: Discussion of the following underwriting topics: A. In view of the low rates of mortality currently experienced on standard lives, is the standard classification too narrow? B. Do substandard extra premiums at the lower ratings make fair provision for the additional expenses incurred on substandard policies? C. What problems are encountered in issuing life insurance on persons residing outside the continental United States and Canada? D. What changes have been made recently in non-medical selection and why? E. How could greater use be made of mortality or morbidity studies conducted by hospitals, clinics, government agencies, universities and others outside of the life insurance business?

Description: 1980 Report adds the experience by number of lives for calendar years 1975-79 under group life insurance policies to that previously reported. Disability experience is also given under 4 difference contract provisions.

Description: Disabled lives reserves for waiver of premium claims represent significant liabilities for group life insurers who, for the past 35 years, have relied on the 1970 Intercompany Group Life Disability Experience Table. The 2005 Group Term Life Waiver Reserve Table is the replacement. This paper includes an overview of the process and the related findings from this work.