Description: This is an article about term mortality and lapses and related premium structures.

Description: Panelists discuss recent trends in the effects of mortality and lapse rates on term life insurance. The discussion includes: • Theories predicting the impact lapse rates have on mortality after the level premium period • Recent industry studies on mortality and lapses • The impact lapse and mortality rates have on profits

Description: Discusses various historical and projected future rates of mortality improvement, with a focus on older ages, and more.

Description: Discussion of the latest report of the Individual Life Experience Committee ILEC Mortality for Standard Individually Underwritten Life Insurance Between 2005 and 2007 Policy Anniversaries.

Description: The authors set forth a generalized model describing the application of current law [1976 NAIC model Standard Valuation Law and Standard Nonforfeiture Law] to products of the universal life type. Includes discussion and author’s review of discussion. From Transactions of Society of Actuaries 1983 Volume 35.

Description: This report presents the results of our survey on post-level premium period lapse mortality assumptions and experience for level premium term products. The survey was conducted in mid-2006.

Description: Survey to determine: 1. The general level of lapses and mortality expected for individual level premium term life insurance products for the period following the level premium period 2. Company experience for lapses and mortality for these products following the level premium period 3. The size of the premium increase at the end of the level premium period and the impact, if any, this has on lapse rates and mortality.

Description: This paper discusses the special considerations involved in pricing a select and ultimate annual renewable term product. It covers such areas as expenses, conversion costs, and profit calculation, and devotes particular attention to the relationship between mortality and withdrawals on this type of product. From Transactions of Society of Actuaries 1980, Vol. 32.

Description: This session at the SOA 1998 Maui I Spring Meeting looks at the increasing competition in the marketing of term insurance from the viewpoint of a direct writer and a reinsurer.