Description: This paper raises the following questions regarding mortality and underwriting: How does mortality under term insurance compare with that under permanent insurance? To what extent should large amounts of accidental death benefits be a matter of underwriting concern? What are the pros and cons of issuing triple indemnity benefits as an adjunct of life insurance policies? From Transactions of Society of Actuaries 1960, Vol. 12, No. 34.

Description: This discussion at the SOA 1962 Jacksonville Regional Meeting focuses on issues for smaller companies associated with moving to the 1958 CSO mortality table, such as policy language, format, mortality assumptions and settlement options.

Description: This general discussion looks at the results derived from the 15th International Congress of Actuaries and the legislations adopted in Canada and proposed in the U.S. giving favorable tax treatment to pension contributions by the self-employed. From Transactions of Society of Actuaries 1958, Vol. 10, No. 26.

Description: From the 1960 Transactions Vol. 12 No. 32, this ‘Digest of Smaller Company Forum’ presentation addresses the extent to which smaller insurance companies have felt the need to develop new benefits such as guaranteed issue or modified underwriting, guaranteed insurability riders, multiple accidental death benefits, and preauthorized check plans.

Description: From the 1960 Transactions Vol. 12 No. 32, this ‘Digest of Smaller Company Forum’ presentation discusses changes in office methods made or contemplated by smaller insurance companies to control costs, including use of electronic machinery, simplification of policies and policy issue, and changes in underwriting rules, e.g. nonmedical.

Description: This session at the SOA 1962 Jacksonville and Chicago Regional Meetings focused on challenges and opportunities of the multi-line company, especially the cross-selling of life and property/casualty insurance.

Description: Discusses reduction in bank loan and minimum deposit business, sales of a combination of single premium immediate annuities with life policies on a guaranteed issue basis, likely results of recent court decisions regarding allowing interest on indebtedness as a tax deduction, and professional development needs for actuaries taking on management roles.

Description: Discusses cost-benefit decision-making for acquiring electronic data-processing equipment and installation issues, ability of small companies to compete in pension trust arena, effectiveness of various agency compensation programs in stimulating sales and improving persistency, success of sales to substandard risks and rating methods, and pricing, reinsurance and experience with individual hospital and medical policies.

Description: This discussion is about agency problems, particulary the extent of policy replacement abuses, replacement commission rules that have been effective in controlling replacements and the effect on policyholders of replacement. From Transactions of Society of Actuaries 1961 Vol. 13 pt. 2

Description: Discusses considerations in preparing rate books and policy forms based on the 1958 CSO Table, the advantages and disadvantages of early adoption of premium rates and values based on the 1958 CSO, and premium structures - banding, policy fees, etc.