Examples of Individual Life Insurance Policies in a sentence
This standard does not apply to actuaries when performing professional services with respect to policyholder dividends, which are covered by ASOP No. 15, Dividend Determination for Participating Individual Life Insurance Policies and Annuity Contracts.
In either case, the actuary should be mindful of the guidance found in ASOP No. 15, Dividend Determination and Illustration for Participating Individual Life Insurance Policies and Annuity Contracts, with respect to the allocation of dividends among classes of policies.
The review consisted of 50 Individual Life Insurance Policies Declined and 50 Individual Life Insurance Policies Not- Taken; 50 Individual Term Life Insurance Policies Declined and 50 Individual Term Life Insurance Policies Not-Taken; and 105 Individual Disability Income Policies Declined and 50 Individual Disability Income Policies Not- Taken.
Sources:Predictive Modeling for Life Insurance by Deloite http://www.soa.org/files/pdf/research- pred-mod-life-batty.pdf Expected Mortality: Fully Underwritten Canadian Individual Life Insurance Policies, CIA Education Note, July 2002 (Exclude Appendices) www.actuaries.ca/members/publications/2002/202037e.pdf Atkinson & Dallas, Life Ins.
Sources:LFV-634-16: CIA Standards of Practice: Practice-Specific Standards for Insurers (Section 2100, 2300, 2500 ) (March, 2016) CIA Educational Note: Expected Mortality: Fully Underwritten Canadian Individual Life Insurance Policies: July 2002 (excl.
This Agreement, including the Split Dollar Plan, the Individual Life Insurance Policies, and the Salary Continuity Agreement, are intended by the parties hereto to constitute the entire understanding of the parties with respect to the employment of Xxxxxx as an employee and officer of Fidelity and election as Chairman of the Board of Fidelity and supersedes all prior agreements and understandings, oral or written.
If Xxxxxx violates any of the undertakings set forth in Sections 4, 5, 6 and 7 of this Agreement, Xxxxxx waives and forfeits any and all rights to any further payments under this Agreement (other than any amounts due under the Split Dollar Plan or the Individual Life Insurance Policies), including but not limited to, any additional payments, compensation or severance he may otherwise be entitled to receive under this Agreement, whether pursuant to this Section or otherwise.
He has lectured widely and has presented at many national and international conferences.
If Xxxxxxx violates any of the undertakings set forth in Sections 4, 5, 6 and 7 of this Agreement, Xxxxxxx waives and forfeits any and all rights to any further payments under this Agreement (other than any amounts due under the Individual Life Insurance Policies), including but not limited to, any additional payments, compensation or severance he may otherwise be entitled to receive under this Agreement, whether pursuant to this Section or otherwise.
Sources:LP-118-11: Traditional Versus Market Consistent Product Pricing, Senjeeb Kumar LP-126-13: Pricing Critical Illness Insurance in Canada, MooneyLP-127-13: Product Design of Critical Illness Insurance in Canada Expected Mortality: Fully Underwritten Canadian Individual Life Insurance Policies, CIA Education Note, July 2002 (Exclude Appendices) Commentary on Question:This question tests wide a range of learning outcomes and syllabus material.