Description: Read the July 2020 issue of NewsDirect published by the Marketing & Distribution Section. Newsletters provide practical information for the working actuary, articles on trends that impact sections and news about section activities.

Description: This paper looks at policy plans, provisions and benefits and the changes that occurred in the distribution of sales by plan, and if it is desirable to have different nonforfeiture values for standard and substandard business. From Transactions of Actuaries 1960, Vol. 12, No. 33.