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  • Equity for Existing Policy Owners
    nonparticipating policies. The dividend mechanism is the primary means of assuring equity for parti- cipating policies ... reason- ably precise and evenhanded - precise about direct income and expenses and evenhanded in the treatment ...

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    • Authors: Arnold Dicke, Norman E Hill, Richard Charles Murphy, James Reiskytl
    • Date: Oct 1981
    • Competency: External Forces & Industry Knowledge
    • Publication Name: Record of the Society of Actuaries
    • Topics: Life Insurance