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.

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