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company issues policies with guaranteed changes, care must be taken to see that no adverse selection can ... expenses increases with age as the cost of medical care rises, while earned income normally decreases.- Authors: Society of Actuaries
- Date: May 1957
- Competency: External Forces & Industry Knowledge>External forces and business performance; Technical Skills & Analytical Problem Solving>Process and technique refinement
- Publication Name: Transactions of the SOA
- Topics: Actuarial Profession>Qualifications; Annuities>Individual annuities; Life Insurance