Fraternity-Testvériség, 1944 (22. évfolyam, 1-12. szám)

1944-05-01 / 5. szám

16

TESTVÉRISÉG

VALUATION EXHIBIT ASSETS—Actual and Contingent

(Excluding assets of expense and special funds) Assets available for payment of death losses determined as follows: Admitted Assets, item 38, page 4 of annual statement (including loans and interest thereon secured by reserves or accumulations actually mained on the corresponding individual certificates) $2,072,169.13 less sum of f general or expense funds 19,502.07, f sick and accident funds when not valued $21,833.84, and f special funds (include all funds other than general or expense funds not available for payment of benefits)

$18,344.08 ------------------------------------------------ $2,012,489.14

Assets—Actual and Contingent—sum of

items 35 and 36, above__________________$2 012,489.14

LIABILITIES—Actual and Contingent (Excluding liabilities of expense and special funds) Present mid-year value of promised benefits, or net tabular mid-year values, on following forms of certificates:

Am. Exp. 4%, death only $1,457,442.00

Am. Exp. zy2%, death______ 246,042.00

Juvenile ------------------------------ 73,889 00

Double Indemnity__________ 4,345.00

Total -------------------------------------------- $1,781,718.00

Deduct liens and interest thereon, not

included in Admitted Assets, and not in excess of required reserves on the corresponding individual certificates valued —

Basis other than Accumulation __________

Balance, item 46 less item 47, above___$1,781,718.00

Liabilities of mortuary or benefit funds determined as follows: Total Liabilities, except reserve, page 5 of annual statement $30,483.62 less sum of liabilities of general or expense funds, page 5 of annual statement, not in excess of balance in corresponding fund (item 36, above) $3,838.42; liabilities of sick and accident funds when not valued, page 5 of annual statement, not in excess of balance in corresponding funds (item 36, above); and liabilities of special funds (funds other than general or expense funds not available for payment of benefits), page 5 of annual

statement, not in excess of balance in corresponding funds (item 36 above)

$19,658.12 ___________________1___________ $6,987.08

Liabilities — Actual and Contingent — sum of items 48 and 49 above__________$1,788,705.08

Ratio per cent of Assets — Dec. 31, 1943 — 112.5%

Actual and Contingent —Dec. 31, 1942 — 110.7%

(item 37) to Liabilities —Dec. 31, 1941 — 112.0%

Actual and Contingent —Dec. 31, 1940 — 111.5%

(Item 50) __________________Dec. 31, 1939 __ 110.7%

SCHEDULE A

(1)

(2)

(3)

(4)

Mortality and Interest

Assumptions Used

(a)

(b)

Form of Certificates

Still

»Certificates in Force

In

Calculation

In Valuation of

Issued?

No.

Amount

of Rates

Certificates

(a)

Am.

Exp. 4% M. P. T.

Whole Life

No

7,295

$ 6,741,200

(b)

11

i ,>

20 Payment Life

No

610

562,000

(c)

11

11 11 11

20 Year End.

No

348

320,000

(d)

if

i a

End. at Age 60

No

66

63,500

(e)

if

11 11 11

End. at Age 70

No

2

2,000

(f)

Am. Exp. 4%

Extended Insurance

Yes

60

50,500

(g)

>> 11 1,

Paid-Up Insurance

Yes

27

8,354

(h)

Am.

Exp. 3 y2% 111. Stand.

Whole Life

Yes

4,577

3,660,000

(i)

if

11

ii ii ii

20 Payment Life

Yes

1,193

1,083,000

(j)

a

,,

ii ii a

20 Year End.

Yes

1,126

978,750

(k)

if

11

ii ii a

End. at Age 60

Yes

83

73,500

(1)

if

11

Paid-Up at Age 70

Yes

16

15,000

(m)

if

11

ii ii ii

20 Pay End. at Age

65

Yes

79

67,000

(n)

if

1,

ii ii ii

W. L. End. at Age

35

Yes

664

569,000

(o)

if

11

ii ii a

20 Pay End. at Age

50

Yes

68

56,000

Adult Total

16,214

$14,249,804

(p)

Stand. Ind.

zy2%

Term to Age 18

Yes

4 325

2,162,000

(q>

Am.

Exp. zy2% 111. Stand.

Term to Age 16

No

1,897

568,290

(r)

if

?,

ii ii ii

End. at Age 18

Yes

299

124,500

(s)

fi

11

i ii ii

End. at Age 16

No

249

91,800

(t)

„

11

i ii ii

W. L. End. at Age 85

Yes

600

503,000

(u)

11

1,

i ii ii

Twenty Year End.

Yes

552

265,500

(V)

11

11

i ii ii

20 Pay End. at Age 50

Yes

88

65,500

(w)

11

11

i ii ii

20 Pay End. at Age

65

Yes

65

38,000

(x)

11

11

i ii ii

Extended Term

Yes

3

1,500

Juvenile Total

8,078

$ 3,820,090

Grand Total

24,292

$18,069,894