Description: This 1977 panel discussion examined actuarial considerations in the design of term products. Topics included: 1. The special design features included in renewable and decreasing term plans 2. special factors that need to be considered in the pricing of term products 3. Typical term profit objectives

Description: This panel discussion looks at new pricing techniques including the use of risk theory, pricing for the entire rate book, and the handling of overhead expenses. There is also a discussion of setting assumptions and the sources of data for assumptions.