Found inside – Page 66Much has been written about the advantages and disadvantages of separate state regulation of insurance in the United States . The adoption of standard risk - based capital regulations should go far in improving the prospects of foreign ... Found inside – Page 146Standard policies may no longer meet their needs for diverse insurance coverages . In writing a manuscript policy , a risk manager must remember certain legal principles and be familiar with standard insurance clauses , since these clauses ... The various concepts in the book are supported by tables and figures. The aim of the book is to provide an overview of risk management in life insurance companies. Found inside – Page 4192... standard risk for the type of coverage provided by the plan . paid or reimbursed . ( c ) A notice of increase in premium exceeding the premium ( b ) Persons for whom deductible or coinsurance amounts then in effect for the insured person by ... Found inside – Page 406Spread of Risk — Having a large enough number of healthy persons insured to offset the few unhealthy ones. Standard Nonforfeiture Law — A law, which is virtually uniform in all states, specifying minimum cash values. Standard Risk — An ... Found inside – Page 99Anyone who is rejected or classified as a substandard risk should shop around . Underwriting ( risk - selection ) standards vary considerably among insurance companies : One company ' s high risk may very well be another ' s standard risk . Found inside – Page 357[ c ] Issue Age of New Policy The standard policy permits the insured to elect the issue age for the converted policy . ... term life insurance policy , issued as standard risk , permitted conversion to whole life insurance issued on same class of risk ... Found inside – Page 7Standard Risks These can usually be processed speedily and efficiently . 2. Definitely Uninsurable -- These represent the very worst of the impaired risks which cannot be accepted by the company under any conditions . 3. Special Class Risks ... Found insideMany common policies are standardized. (ii) Insurance issued to a standard risk. Standard Premium: Synonym for basic premium. Refer: “Basic premium. Found inside – Page 5068( iv ) A notice of premium for a policy not yet in effect from 2 or more insurers which exceeds the premium applicable to a person considered a standard risk by 50 % or more for the types of coverage provided by the risk pool plan . ( 5 ) As a ... Found inside – Page 42Department of Insurance. surcharges . By coping with the adverse selection ... These companies use base rates higher than those companies catering to the standard risk market . A few of these companies also add surcharges to these higher ... Found inside – Page 1811All automobile business written under the “ Standard Risk Program ” is reinsured with the parent company . Direct premium writings in 1980 were distributed in thousands as follows : Ala . , 59,302 ; Alaska , 14,506 ; Ariz . , 34,378 ; Ark . , 25,544 ... Found inside – Page 203Open Forum Is the Renal Glycosuric a Standard Risk for Life Insurance? For Waiver of Premium? ALBERT SEATON, M. D., Medical Director American United Life Insurance Company Indianapolis, Indiana I wish to present for discussion the ... Found inside – Page 380Some companies have separate subsidiaries to insure high-risk drivers. For example, Allstate Insurance Company insures only standard-risk drivers, while Allstate Indemnity provides policies to higher-risk drivers. Other companies specialize ... Found inside – Page 35Substantially reduce coverage from that received by a person who is considered a standard risk " includes any restriction on coverage as a result of an illness , condition , or risk which the association deems substantial , any increase in rates ... Found inside – Page 19In case the applicant appears to be a subnormal risk , the insurance company reserves the right to require the standard medical examination . In case of employees under 16 and over 55 years of age , a limited medical examination , known as ... Found inside – Page 36As rating coverage expands to a growing range CLAIMS - PAYING ABILITY RATINGS of emerging - market countries , the analysis of poA Standard & Poor's insurance company litical , economic , and monetary risk factors be- claims - paying ... Found inside – Page 144See Ownership of life insurance Life Insurance personnel , 106 Life Insurance underwriter . ... disposable personal income , 72 - 73 standard risk , 113 - 114 voluntary termination rate , 67 Ownership of life Insurance , 5 , 6 , 15 - 38 , 114 , 115 ... Found inside – Page 40single - premium variable life insurance as " THE LAST GREAT TAX SHELTER " . The Stark - Gradison bill ( introduced ... It is limited only by the CSO Tables to be used in calculating standard - risk life expectancies . 1 Generally , the cost - of ... Found inside – Page 323THE FIDELITY MUTUAL LIFE INSURANCE COMPANY agrees , subject to the terms and conditions hereinafter set forth ... insured was insurable as upon surrender of this receipt . a standard risk in accordance with its established practices in ... The various concepts in the book are supported by tables and figures. The aim of the book is to provide an overview of risk management in life insurance companies. Found insideThe research project leading to this book was initiated in the fall of 1979 when the American Council of Life Insurance (ACLI) contacted Dan McGill, chairman of the Wharton School Insurance Department, about conducting a study on risk ... Found inside – Page 203Insurance Dept. Sub - Standard Cases , ages 13 to 60 . Class A , $ 5,000 . Class B , 3,000 . Class C , 1,000 . No sub ... the North American agrees to reinsure four times the amount as accepted and retained by the Judea at its own risk . Found inside – Page 27It applies scientific principles of rate determination worked out in fire insurance to compensation insurance. ... points, and diminished as the risk is brought below the “standard” risk by the superiority of the insured building at the several points. Found inside – Page 75This paper focuses on risk transfer and discusses the insurance sector, particularly life insurers. Found inside – Page 404CHARLES H. JONES : We have always felt that term insurance is , in most instances , unsatisfactory to the insured , the ... We write term insurance at standard rates only on risks whose mortality we expect to be about 15 per cent better than ... "Risk being its raw material, insurance has developed various techniques of valuation and risk transfer. Found inside – Page 193Classes of Insurance Written - Ordinary and industrial life insurance , the latter predominating ; also sub - standard risk carefully selected . Disability and double indemnity features are included on policies under certain conditions . Found inside – Page 524(2) The pool, with the assistance of an independent actuary, shall determine the standard risk rate by calculating the average individual rate charged by the five insurers writing the largest amount of individual health insurance coverage ... Found inside – Page 840I. CONDITIONS REQUIRED FOR INSURANCE COVERAGE TO GO INTO EFFECT “ It is understood and agreed that ALL ... be a standard risk according to the Company's underwriting rules and standards for the plan and amount of insurance ... Found inside – Page 1239Depending on the insurance tables can be estimated with wide range of weights at any given company , extra premiums ... Compared with standard - risk Medical examinations for insurance averages or midpoints of those three subscribers ... Found inside – Page 56Certain risks may require thirdparty or “ external ” credit enhancement , such as a letter of credit , servicer advance , liquidity line , partial credit guarantee , or political risk insurance . Unless the structure enables investors to access the ... Found inside – Page 53This coverage is guaranteed continuable for life . Series 30 ( issued to Standard Risk males ) . The Series 30 policy has the same policy provisions as the Series 20 policy . However , it is issued to standard risks whereas the Series 20 policy is ... Found inside – Page 24To meet this demand , more and more insurers are broadening their classifications and rating procedures so that they can offer sub - standard risk insurance for drivers who have histories of accidents or traffic violations . Higher rates , or ... Found inside – Page 524Maximum retention on any one life ( standard risk ) is $ 10 , 000 . Officers : Chairman of the board and president , Louis C . Blount ; vice - president - medical director , Dr . Robert I . Greenidge ; vice - presidents , Julian L . Holder , Alja Frands ... Found inside – Page 251Paul S. Entmacher Metropolitan Life Insurance Company , New York , N. Y. Only about 30 per cent of persons with a ... however , that even the most favorable group of diabetics cannot be considered for standard - risk insurance because ... This thoroughly revised edition of Nael Bunni's successful book, formerly called Insurance in Construction, provides information on risk, construction law and construction insurance for those involved with all aspects of construction. Found inside – Page 3578... with an insurance institution which provides insurance to other than preferred or standard risks , if in fact the placement ... such placement where the applicant or insured did not specify or apply for placement as a preferred or standard risk or ... Found inside – Page 37The applicant can then be placed in the appropriate risk group . Standard Insurance Possible Psychiatric consultation does not always indicate psychiatric disease , and a past history of a psychiatric disorder does not necessarily rule out ... Found inside – Page 297The bill they introduced as a result of their experiences was opposed by the industry because it would have given the Superintendent of Insurance the authority to draft a standard policy . A compromise evolved giving the Superintendent this ... Found inside – Page 98Substandard Insurance insurance issued with an extra premium or special restriction to those persons who do not qualify for insurance at standard rates . 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