Description: This is a discussion about substandard mortality vs. standard mortality and the effects it will have on substandard premiums. Topics included: A. Statistical evidence on the trend of substandard mortality. Does it generally follow the trend of standard mortality? B. Effect this should have on substandard extra premiums. C. Does a lowering of substandard extras require any changes in underwriting rules, either as to the range of substandard classes or as to the ratings applied to some of the major impairments?

Description: This session at the SOA 1962 Jacksonville and Chicago Regional Meetings discussed current underwriting issues including the numerical rating system, mortality experience, and underwriting for pilots and immigrants.