Fraternity-Testvériség, 1958 (36. évfolyam, 1-11. szám)
1958-05-01 / 5. szám
12 FRATERNITY AUDITOR’S REPORT FOR 1957 The Office of the Auditor keeps records on the standing of every certificate, takes care of the bookkeeping and determines the validity of submitted claims and bills. I am grouping my report according to the three spheres of activity. I. INVENTORY We kept records of our certificates as to their standing, total number and types. Both the Actuary and the Secretary were notified regularly about changes in certificates and we published a flunctuation summary in the official paper every month. FLUCTUATION SUMMARY A. Life Certificates: In force on December 31, 1956 ........................................................ 37,008 Add: New Certificates ............................................................ 3,917 Reinstated ..................................................................... 56 3,973 Less: Deaths ............................................................................. 327 Matured ......................................................................... 129 Lapsed (First Year 526) ............................................. 1,498 Surrendered .................................................................... 467 2,421 In force on December 31, 1957 ........................................................ 38,560 Net Increase in 1957 ........................................................................... 1,552 B. Additional Protection: In force on December 31, 1956 ....................................... 93 $255,000 Add: New Riders .................................................................. 34 90,000 127 $345,000 Less: Riders lost (Death, Surrender, Conversion) ....... 13 36,000 In force on December 31, 1957 ....................................... 114 $309,000 Net Increase ........................................................................... 21 $ 54,000 C. Sick Benefits: In force on December 31, 1956 ........................................................ 1,750 Add: New and Reinstated .................................................................. 33 1,783 Less: Deaths and Lapses .................................................................... 100 In force on December 31, 1957 ........................................................ 1,683 Net Decrease ........................................................................................... 67
