Description: This discussion examined the demand for Family Income benefits, the extent of sale for all types of decreasing term riders, and if increasing volume of decreasing term insurance is desirable from the point of view of a policyholder, agent and company. From Transactions of Society of Actuaries 1950, Vol. 2, No. 3.

Description: This discussion on annuities and settlement options focuses on: A. Revisions made recently in the interest and mortality bases for annuity contracts and retirement income policies and for settlement options embodied in life insurance policies. B. The extent to which the use of settlement options might be justified for payees other than the insured and beneficiaries who are natural persons. C. The practical problems arising in connection with: 1 Requests for elaborate or complicated settlements 2 Liberal settlement option guarantees in outstanding policies