On the Value of Selection Among Assured Lives, and its Effect Upon the Adjustment of a Scale of Premiums, as Between Persons Assuring at Different Ages
I cannot better introduce the subject of this paper than by a quotation from Mr. Morgan's Preface to his Tables of the experience of the Equitable Society. He writes as follows, viz.:—“In a body of lives of the same age, all selected as healthy from the general mass of mankind, it is obvious that the rate of mortality must be considerably less for the first ten or twenty years after selection, than amongst those from whom they are thus chosen. As, however, these selected lives advance in age, their general health and the rate of mortality amongst them will naturally approximate to the common standard.
1876 ◽
Vol 20
(1)
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pp. 1-11
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1984 ◽
Vol 35
(1)
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pp. 1-14
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1814 ◽
Vol 104
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pp. 1-22
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1832 ◽
Vol 122
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pp. 539-574
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