Description: This article describes how Long-Term Care riders attached to Life Insurance policies provide real insurance value at a reasonable cost and allow life insurance companies to compete on a basis other than cost.

Description: Panelists discuss areas that actuaries must address as long-term-care insurance [LTCI] becomes a material portion of a company's business. These areas include IT problems, setting assumptions and reserves, surplus strain, and capital requirements. From the 2002 Record of Society of Actuaries, Volume 28, No. 2. Session 14OF of the San Francisco Spring Meeting.

Description: Panelists at this session of the SOA 2001 Annual Meeting discuss pricing issues and business risks associated with life, annuity, medical expense and disability income insurance products and compare them to long-term care [LTC].

Description: This session explores the aspects and the issues of offering a critical illness product in various markets, including individual, group, worksite and direct response. From the Record of the Society of Actuaries, Volume 28, No. 3, Session 7

Description: This discussion at the SOA 1990 San Francisco Spring Meeting covers living benefit riders including benefit designs, regulatory activity, tax status, pricing considerations and reserves.

Description: This session discussion is about accelerated death benefit riders, current product structures, consumer response, state insurance department reactions, tax issues and anti-selection considerations. From Record of the Society of Actuaries Vol. 15, No. 2.

Description: This panel discussion is from the 1991 Meeting of the Society of Actuaries, held May 16-17 in New York. The panelists discuss various aspects of accelerated benefits, also known as “living benefits riders,” such as types of benefits, marketing, tax issues, pricing, valuation, and reinsurance. Regulatory issues are discussed, including the work of the American Council of Life Insurance, ‘ACLI,’ and the National Association of Insurance Commissioners, ‘NAIC,’ and their committees, in developing a Model Regulation. Discussion from participants is included. From the Record of Society of Actuaries, Volume 17, No. 2.

Description: 2004 SOA Annual Meeting and Exhibit, New York. The panelists addressed fixed annuity regulatory issues with emphasis on the annuity nonforfeiture law, current trends and product design, and how reinsurance can address the conflicting issues of competitiveness and profitability.

Description: This session from the 1993 Valuation Actuary Symposium focuses on problems and solutions observed by consulting firms including cash flow testing, modeling of assets and liabilities, who the valuation actuary relies upon and the software being used for valuation actuary work.

Description: This session from the 1995 SOA Boston Meeting covers an overview of demographics in the U.S., the impact that population demographics have on sales and product design. From the Record of the Society of Actuaries, Vol. 21, No. 4b.