Description: This discussion on overinsurance focuses on speculative buying of life, AD&D, and disability insurance, the effect of expanded disability provisions in the Social Security Act on underwriting disability benefits, and the avoidance of overinsurance in medical benefits.

Description: Discusses reduction in bank loan and minimum deposit business, sales of a combination of single premium immediate annuities with life policies on a guaranteed issue basis, likely results of recent court decisions regarding allowing interest on indebtedness as a tax deduction, and professional development needs for actuaries taking on management roles.

Description: Examines the extent of practicality for smaller companies to follow the action of some of the larger companies in offering new policy forms and riders such as, Guaranteed Insurability Option on birth of a child, Educational Plans, Father-Son Policies, and Life and Health insurance protection for future children. Also discusses conservation efforts.

Description: This discussion explores lapse experience on business financed at or near issue through policy or bank loans, the amount such financed business is increasing or decreasing, and the extent the exercise of the Fifth Dividend Option in practice is being confined to policyholders interested in minimum deposit policies.

Description: This section presents and summarizes major life insurance-related legal cases from 1957.

Description: In this paper, a new form of CVLI better suited for today's environment and the years ahead is described. From Transactions of Society of Actuaries 1995, Vol. 47.

Description: This 1960 Report covers the intercompany experience under standard ordinary insurance issues between 1958 and 1959 anniversaries. It includes medical and nonmedical issues during the first fifteen years and the sixteenth and subsequent years. From Transactions of Society of Actuaries, 1960 Reports.

Description: This paper develops mathematical transformations of variable interest credit and mortality charge scales to simplify calculation of policyholder cash value accumulation and related amounts. These transformations are of theoretical as well as practical interest. Additionally, they suggest new product designs. From Transactions of Society of Actuaries 1987, Vol. 39.

Description: This paper identifies and discusses certain critical GAAP issues, such as the development of appropriate valuation assumptions, the applicability of the lock-in principle, and the evaluation of recoverability of deferred acquisition cost. In addition, the paper describes a valuation procedure that may be used to implement prospective changes to current valuation assumptions for in-force policies. From Transactions of Society of Actuaries 1981, Vol. 33.

Description: This paper discusses two different methods of handling ratings under adjustable life policies and compares the advantages and disadvantages of each. From Transactions of Society of Actuaries 1980, Vol. 32.