Description: This 1978 session discussed ADJUSTABLE LIFE PRODUCTS including: 1. Problems encountered in the planning, development, implementation and maintenance stages. 2. Product-design features. 3. Strengths and limitations. 4. Administrative systems and procedures. 5. Pricing. 6. Nonforfeiture values and reserves. 7. Marketing. 8. Sales results.

Description: This presentation was made at the 1975 SOA Los Angeles Spring Meeting addressed about I. What effect does continued inflation have upon the pricing process? II. Should 'current', dividend scales be hedged for future inflationary impacts? and III. Is there a change in product demand/sales as a result of inflation?