Policies
Modified Premium Whole Life
Modified Premium Whole Life Out of curiosity, I examined Conning and Company’s printed studies on twenty-two large stock life insurance companies … Among those companies showing a more rapid growth in the whole life and endowment account, I found the following changes had transpired between 1961 and 1966: (2) modified premium whole life policy had…
Read MoreGroup Universal Life Insurance
Group Universal Life Insurance WILLIAM R. BRITTON, JR: We will take a current assessment of this phenomenon called group universal life (GUL). I’ll begin with overview and history, Ms. Herz will discuss reasons that employers and employees are interested in GUL, how well it is being accepted, and the market outlook. Mr. Duncan will concentrate…
Read MoreSpecific Policies
Specific Policies Aetna – Voya – Aeconoflex – AEconomaster Aeconoflex 2019 – ACLI – Cost of Insurance in the News – 16p 1983 1010 – Forbes – Aetna [Voya] – Aeconoflex – p147 AEconomaster – [Bonk: approximately 1979-1983-?] 1980 – SOA – Non-Participaring Life Products with Non-Guaranteed Premiums (rsa80v6n32), Society of Actuaries – 22p James A. Geyer: I would like now…
Read MorePolicies – Index
Policies – Index ABCDEFGHIJKLMNOPQRSTUVWXYZ# A Accelerated Benefits Adjustable Life Descriptions Adjustable Life Insurance Adjustable Life Insurance – Index American Amicable – Horizon Life Insurance Annuities ART – Annual Renewable Term Back to top B Bank-like Business Interruption Insurance Back to top C Cancer Insurance Cannibal Life Cash Value Life Insurance Charity Owned Life Insurance Completely…
Read MoreAdjustable Life Descriptions
Adjustable Life – Descriptions Adjustable Life Insurance: a type of insurance that allows the policyholder to change the plan of insurance, raise or lower the face amount of the policy, increase or decrease the premium, and lengthen or shorten the protection period. (p109/G1) 2002 – IAIS/World Bank – Supervision of Insurance Operations – 140p *Adjustable Life…
Read MoreCredit Insurance
Credit Insurance https://content.naic.org/sites/default/files/model-law-370-consumer-credit-regulation.pdf 1972-2, NAIC Proc. – Credit Insurance Revisited: A Reply to the NAIC Staff Study – p429-? 1999 – SOA – Give Me Some Credit! The 50-Year History of Credit Regulation, Society of Actuaries – 21p 2018 – JIR / NAIC- New Evidence on an Old Unanswered. Question: The Decision to Purchase Credit…
Read MoreNSLI – National Service Life Insurance
NSLI – National Service Life Insurance 38 USC Ch. 19: INSURANCE From Title 38—VETERANS’ BENEFITSPART II—GENERAL BENEFITS CHAPTER 19—INSURANCE SUBCHAPTER I—NATIONAL SERVICE LIFE INSURANCE https://uscode.house.gov/view.xhtml?path=/prelim@title38/part2/chapter19&edition=prelim 1941 – govinfo.gov/content/pkg/GPO-CRECB-1941-pt9/pdf/GPO-CRECB-1941-pt9-17.pdf 1951 – GOV – Senate – Report – USE OF DIVIDENDS TO PAY PREMIUMS ON NATIONAL SERVICE LIFE INSURANCE – 4p 1969 – GOV (House) – Use of…
Read MoreSBLI – Savings Banks Life Insurance
SBLI – Savings Banks Life Insurance 1935 – FRB – Massachusetts System of Savings-Bank Life Insurance : Bulletin of the United States Bureau of Labor Statistics, No. 615 – [link] Brandeis Massachusetts has begun an insurance which may have far-reaching effects. She has authorized her savings banks to establish life insurance departments. Several banks have…
Read MoreGICS – Guaranteed Investment Contracts
GICs – Guaranteed Investment Contracts FABN – Funding Agreement-Backed Note GICS – AIG – FCIC GIA’s Guaranteed Interest Contracts Stable Value Unallocated Annuity Contracts 412(i) 1991 0903 – NYT – Worry Over Retirement Funds, By Eric N. Berg – [link] GIC’s, Executive Life, Mutual Benefit Also, you had a lot of different interests in Executive Life.…
Read MorePolicyholder Options
Policyholder Options Many insurance contracts offer the policyowner options regarding premium payment, benefit patterns, and policy loans. This flexibility means that many different patterns of future cash flow could arise under the contract. (p6) 2002 09 – AAA – Fair Valuation of Insurance Liabilities: Principles and Method, American Academy of Actuaries – 48p The ACLI’s Dolan…
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