Description: The primary purpose of this paper is to present some current company practices with respect to term insurance, and the respective cash value requirements imposed by the state insurance departments. Submitted papers from several authors discussing the report followed.

Description: This is an excel spreadsheet with some data pertaining to an article of the same name from the Product Development News

Description: Discussion of a New York Times article dealing with the arbitraging of policy loan proceeds by investing them in money market instruments whose yields were well above the policy loan interest rate.

Description: The rules governing the tax treatment of distributions from life insurance or annuity contracts are complex. Worse, the relevant IRC section, section 72, seems at times to be the product of a conspiracy in restraint of understanding.

Description: This material from the 1981 SOA Fall Meeting is a collection of impromptu questions and comments from an Open Forum session on policy loans. The purpose of this session is to discuss the policy loan rates, equity between borrowers and non-borrowers, and equity among groups of policy-owners having different contractual loan rates. The variable loan rate proposal and direct recognition are also covered. From Record of the Society of Actuaries 1981, Volume 7, No. 4.