Description: Discussion of the Veterans Insurance Act of 1974

Description: This presentation was made at the SOA 1975 New York Spring meeting. It discusses the actuarial techniques required to combat the impact of inflation on Group Life and Health, including communication of premium increases to clients and impact of new national or local health plans. 1975 Record, Vol. 1, No. 2

Description: This paper was presented at the 1955 Society of Actuaries Eastern Spring Meeting, held March 24-25 in New York City. This paper provides a detailed description of this type of group life insurance, which the author defines as a plan which provides for periodic employee contributions to purchase paid up insurance, term insurance provided by the employer for the scheduled amount less the paid up insurance, and which usually allows for cash surrender after termination of employment. The author provides a brief history, and detail on plan design including premiums and participating features, disability benefits, cash value provisions, coverage schedules, employee contribution schedules, underwriting, and valuation. From Transactions of Society of Actuaries 1955 Volume 7, Number 18.

Description: This article provides a description of the eleventh in a series of annual reports by the Veterans Administration on the Servicemen’s Group Life Insurance Program. The author notes that the report gives general information on the Programs including a brief history from the inception in 1965 through the Veterans Insurance Act of 1974 and the introduction of the VGLI and Retired Reserve coverages, and details on the coverages and operation of the SGLI Program for the year ending June 30, 1976.

Description: The Veterans' Insurance Act of 1974, by introducing Veterans' Group Life Insurance VGLI, made major changes in the Servicemembers’ Group Life Insurance SGLI conversion privilege. The author discusses these changes and the role of the new VGLI.

Description: This is a brief paragraph on the lack of detailed analysis on claim experience under group life insurance policies.

Description: Latest outlook on the market size and recent trends associated with the U.S. and Canada Life Reinsurance markets. The SOA Life Reinsurance Survey is an annual survey that exhibits individual and group life data from U.S. and Canadian life reinsurers. Survey results are based on financial information self-reported by reinsurance entities and include new business production and inforce figures.

Description: This article about the Servicemen’s Group Life Insurance SGLI and Veterans’ Group Life Insurance VGLI programs includes a brief history and provides 1974-76 SGLI experience data from the Twelfth Annual Report June 1977.