Description: This paper looks at the cost of nonforfeiture benefits at different levels of mortality. According to the assumptions in the paper, when expenses and dividends are considered, the costs of the extended insurance option are generally lower than those of the paid-up insurance option at the lower levels of substandard extra mortality. From Transactions of Society of Actuaries 1968, Vol. 20, Pt. 1, No. 58.

Description: Presentation of extended term insurance values, computed from commutation functions. Followed by a discussion paper submitted

Description: Suggestions have been made that life insurance cash values should depend on the prospective mortality, based on underwriting, of the insured evaluated at the time a cash value is applied for. This paper explores a simple model for determining cash values on such a basis and some practical problems associated with it.

Description: This meeting session covered proposed amendments to valuation and nonforfeiture laws, which included a new mortality table and the dynamic interest rate concept, the NAIC's activities around profitability and early warning tests, A&H rate filing guidelines, and SEC activity around annuities..

Description: This is an article about the maximum rates permitted for valuation and nonforfeiture that have remained steady for life insurance since 1995. From Small Talk Newsletter, June 2005, Issue No. 24.

Description: discussion of March 2009 NAIC/LHATF meeting

Description: This article is a detailed review and discussion of “The Report on Actuarial Principles and Practical Problems with Regard to Non-forfeiture Requirements, Society of Actuaries, January, 1976.” The author of the article notes that It is an important report which should be read by all members of the Society irrespective of their professional affiliations, and in its present form the report is primarily an exposure draft and the Committee will therefore, welcome comments as to its content and recommendations prior to the discussion of the report scheduled for the Houston and Chicago SOA meetings.

Description: This panel discussion covers reports of The Society's Special Committees on Valuation and Non-forfeiture, report of The Special Committee on Valuation of Canadian Companies, and some reflections on valuation and related problems.

Description: Excel-based tables for 2017 CSO mortality rates.

Description: Excel-based tables for 2017 CSO mortality rates.