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Deferred Annuities With Participation in Profits

Published online by Cambridge University Press:  18 August 2016

M. E. Ogborn
Affiliation:
The Equitable Life Assurance Society
G. E. Wallas
Affiliation:
The Equitable Life Assurance Society

Extract

Some combinations of ideas seem strange and unfamiliar. Life assurances with participation in profits—what could be more natural? But annuities with participation in profits?—the association of such discrepant ideas gives rise to all manner of objections in our minds.

Type
Research Article
Copyright
Copyright © Institute and Faculty of Actuaries 1955

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References

page 282 note * See A.S.M. 3, no. 1, 86, and T.F.A. 23, 85.

page 288 note * See J.I.A. 77, 117.