Policy Changes

  • Have any companies considered restricting policy changes because of increased administrative difficulties due to automation?
  • Is the cost of policy changes out of proportion to their business value?
  • Have any means been found of simplifying policy changes
  • How have companies handled the problem of changes produced by the introduction of more favorable premium
    rates?

1962 - INDIVIDUAL LIFE INSURANCE: Policy Changes, Society of Actuaries, 6p