Hearing Before Subcommittee No. 4 of the Committee on the District of Columbia, House of Representatives, on H. R. 10684, 10921, and 10964, Relating to the Life Insurance Act of the District of Columbia: Thursday, March 17, 1960U.S. Government Printing Office, 1960 - 46 pagini Considers H.R. 10684, H.R. 10921, and H.R. 10964, to amend Life Insurance Act for D.C. to revise law governing life insurance requirements in D.C. |
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Pagina 23
... uniform percentage of the respective premiums specified in the policy for each policy year exclud- ing any extra premiums charged because of impairments or special hazards , that the present value , at the date of issue of the policy ...
... uniform percentage of the respective premiums specified in the policy for each policy year exclud- ing any extra premiums charged because of impairments or special hazards , that the present value , at the date of issue of the policy ...
Pagina 25
... uniform position with respect to the pending bill , this joint presentation is made in the interest of conserving the time of your committee . The purpose of this bill is ( 1 ) to provide for the use , in connection with life insurance ...
... uniform position with respect to the pending bill , this joint presentation is made in the interest of conserving the time of your committee . The purpose of this bill is ( 1 ) to provide for the use , in connection with life insurance ...
Pagina 26
... uniform legislation is in the interest of the insuring public because , by recognizing the improvements in mortality , the re- sult is to keep down the cost of life insurance . To put that another way , Mr. Chairman and members of the ...
... uniform legislation is in the interest of the insuring public because , by recognizing the improvements in mortality , the re- sult is to keep down the cost of life insurance . To put that another way , Mr. Chairman and members of the ...
Pagina 27
... uniform legislation have been en- acted . In general , it may be said that these changes are clarifying rather than substantive . A few such deviations are in the present District of Co- lumbia standard valuation and nonforfeiture laws ...
... uniform legislation have been en- acted . In general , it may be said that these changes are clarifying rather than substantive . A few such deviations are in the present District of Co- lumbia standard valuation and nonforfeiture laws ...
Pagina 28
... uniform " amount . Apparently through an original drafting oversight , at three places in this section the word " level " was substituted for the word " uniform . " There can be little question that these words were intended to be used ...
... uniform " amount . Apparently through an original drafting oversight , at three places in this section the word " level " was substituted for the word " uniform . " There can be little question that these words were intended to be used ...
Termeni și expresii frecvente
35 of chapter Acacia Mutual according to investment Act D.C. Code adjusted premiums Annuity Life Insurance Association of Insurance authorized bonds BROYHILL BRYAN centum Chairman MATTHEWS charges Columbia life insurance committee common stocks company issuing variable CONGLETON CREF District of Columbia domestic life insurance enacted equipment trust certificates Equity Annuity ESLINGER extra premium fixed dollar annuities Fort Lauderdale income Insurance Act D.C. Insurance Co Insurance Commissioners insurance companies Investment Company Act investment experience issue contracts issuing variable annuities issuing variable contracts Jordan June 19 lease legislation lien loan or investment March 17 Marsh MCMILLAN North Dakota ordinary mortality table paragraph payments which vary pending bill percent PHILLIPS policyholders preferred stock present values proposed amendment purchasing power regulation retirement SCHMUCK section 35 securities separate account Standard Ordinary Mortality statement subsection Superintendent of Insurance term insurance tion U.S. Supreme Court uniform variable annuity contracts WEIS
Pasaje populare
Pagina 3 - This statement is being submitted on behalf of the American Life Convention, the Life Insurance Association of America, and the Life Insurers...
Pagina 4 - Committee of the American Life Convention, the Life Insurance Association of America and the National Association of Life Underwriters.
Pagina 23 - ... of either the adjusted premium for the first policy year or the adjusted premium for a whole life policy of the same uniform or equivalent uniform amount with uniform premiums for the whole of life issued at the same age for the same amount of insurance, whichever is less. Provided...
Pagina 23 - The adjusted premiums for any policy shall be calculated on an annual basis and shall be such uniform percentage of the respective premiums specified in the policy for each policy year...
Pagina 22 - For all industrial life insurance policies issued on the standard basis, excluding any disability and accidental death benefits in such policies, the 1941 Standard Industrial Mortality Table.
Pagina 23 - ... of the amount of insurance, if the insurance be uniform in amount, or of the equivalent uniform amount, as hereinafter defined, if the amount of insurance varies with duration of the policy...
Pagina 22 - ... whole life plan for insurance of the same amount at an age one year higher than the age at issue of such policy. " (B) A net one year term premium for such benefits provided for in the first policy year. "Reserves according to the commissioners...
Pagina 23 - ... amount of insurance provided by an otherwise similar policy, containing the same endowment benefit or benefits, if any, issued at the same age and for the same term, the amount of which does...
Pagina 23 - All adjusted premiums and present values referred to in this section shall be calculated on the basis of the Commissioners...
Pagina 23 - ... same term, the amount of which does not vary with duration and the benefits under which have the same present value at the date of issue as the benefits under the policy: Provided, however, that in the case of a policy providing a varying amount of insurance issued on the life of a child under age ten...