Life Insurance

90-day clause accumulated dividend actual Actuarial additional agents amortized values amount of insurance ance annuity application assets average basis beneficiary bonds book value calculation cash value cent classes company's considerable contract cost of insurance death claims deducted deferred dividend disability benefits double indemnity earned employee endowment policy excess expense extra premium face amount fact funds gross premium group insurance group policy Home Office income income policy increase industrial insurance instalments insurance companies investment issued lapse less level premium liability limited lives loading loans loss market values medical examination ment monthly moral hazard mortality table mutual company necessary option paid-up panies payable period policyholders practical preliminary term premium rates profit rate of mortality reduced reinsurance reserve risk Schedule securities selection standard substandard surplus surrender value term insurance tion total and permanent total disability tuberculosis usually