Title: Surrender Values and Paid-Up Policy Amounts
Abstract: It is over 20 years since the surrender values and paid-up policy amounts of ordinary policies were made a subject for discussion in this Hall. Industrial surrender values have been recently discussed. This paper is therefore primarily concerned with ordinary policies. In practice a company can grant whatever scales of surrender values or paid-up policies it may choose, provided it does not depart from any written, verbal or implied obligations to its policy-holders. There are, however, certain principles of equity to which consideration should be given, and it is along these lines that the problem is investigated.
Publication Year: 1936
Publication Date: 1936-07-01
Language: en
Type: article
Indexed In: ['crossref']
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