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GENERAL PRINCIPLEs of DISTRIBUTION
THE CONTRIBUTION PLAN
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accumulated actual actuary adjustment adopted age at issue aggregate allotted amount of insurance annual dividend applied assessing expenses asset share assumed attained age basic dividend calculation cent claims companies computed considerable constant contingency fund contribution formula contribution plan contributions to surplus cost of insurance decrease dends distribution of surplus divi dividend additions dividend annuity dividend formula dividend scale dividend system divisible surplus endowment policies equity excess interest expense charge experience rates extra dividend gross premium increase Institute of Actuaries interest and mortality interest earnings interest factor interest profit interest rate loading factor method modification mortality and expense mortality experience mortality factor mortality profit mortality rate payment percentage reduction practical premium payable premiums paid profits or losses rates of interest reason renewal expense result scrip select mortality surplus distribution surplus earnings surrender values theoretical tion ultimate mortality usually valuation basis