Description: This general session discussion looks at: A. Methods available to decide the percentage of the premium that should be used for life insurance, weekly indemnity benefits, hospitalization and surgical benefits. B. Formulas devised for computing contingency reserves for possible losses on mortgage loans and real estate. C. Extent to which companies are using participating forms for the following coverages: 1. Annuities in the benefit stages and/or supplementary contracts involving life contingencies after expiry of the term certain period 2. Family income and other decreasing term rider benefits 3. Extended term insurance D. Methods developed for pricing annuities and settlement options derived from an annuity table without provision for mortality improvement

Description: This discussion focuses on the significant aspects of the 1958 mortality experience under group life insurance policies, the significant aspects of the morbidity experience with respect to the various forms of group sickness and accident insurance policies, and the recent experience under individual policies converted from group life insurance or group medical expense insurance plans. From Transactions of Society of Actuaries 1959, Vol. 11, No. 29 AB.

Description: This paper was presented at the 1955 Society of Actuaries Eastern Spring Meeting, held March 24-25 in New York City. Noting that traditionally, group life insurance has been financed on a yearly renewable term basis, the author discusses the reasons for development of group permanent life insurance and the different funding methods. The author also presents certain analogies with the funding of pension plans, and discusses employee taxability issues under current tax law for the various funding methods. From Transactions of Society of Actuaries 1955 Volume 7, Number 18.

Description: This discussion on statistical analysis and group insurance examines the use of Reports of Mortality and Morbidity by smaller companies, practices followed to obtain a satisfactory experience with group accident, sickness and group hospital, surgical and medical coverages. From Transactions of Society of Actuaries 1955, Vol. 7, No. 18.

Description: Discussion of various group life and health insurance topics, including: A. Amount of group dental insurance being written and benefit provisions currently being offered and financial experiences of the coverages to date. B. Problems of professional association groups? C. Current level of interest in group paid-up or group permanent.

Description: This discussion examined Group Life Insurance and asks, What methods are in use for determination of the provision in initial and renewal premiums for expenses, taxes, commissions, risk charges, and contingency margins for groups of various sizes, amount distributions, and administrative arrangements? From Transactions of Society of Actuaries 1960, Vol. 12, No. 34.

Description: This is a discussion of the paper, Funding Group Life Insurance by Charles L. Trowbridge. From Transactions of Society of Actuaries 1955, Vol. 7, No. 19.

Description: Discusses product experience and practices with regards to long term disability, the extent group underwriting practices are followed with groups of 5 to 25 lives, changes made in the provisions of group annuity and other insured pension plans to coordinate or otherwise recognize the newly legislated monthly disability benefits under the OASI program, and practices and experience with regards to high face amount life insurance.

Description: This is a discussion about employee benefit plans: -Group Life - What has been the effect of the new law taxing employer contributions in excess of $50K? What special underwriting problems have occurred, what underwriting techniques used, what has the mortality experience been? -Group Health - What are special considerations where premium rates are guaranteed for greater than one year? Are any additional reserves established? What are the current developments in Group dental? Have any experience studies been made? What is the potential market for group dental? -Group Annuities - What volume of business has been written on separate accounts or segregated funds? What problems have arisen in administering this type of plan? -Miscellaneous- What has been the experience on high limit accidental death and dismemberment benefits? In pension plans has there been an increase in joint and survivorship options? Has there been an increase in disability benefits under retirement plans? To what extent is the new money concept being adopted in fields other than group annuities? What is the current outlook with regard to reducing or eliminating the difference in taxes imposed on insured employee benefit plans vs self-insured plans? From Transactions of Society of Actuaries 1964, Vol. 16 Pt. 2

Description: This discussion on group insurance reviews approaches companies have adopted for selling, underwriting and administering group coverages for small employer groups. Considerations and techniques involved in establishing the larger maximum amounts of group life offered by many companies are also examined. From Transactions of Society of Actuaries 1955, Vol. 7, No. 19.