TABLE E.-Curves denoting the Expectation or Average Duration of

Average duration of after-life, or "Expectation."

30

35

40

45

50

55

60

65

70

75

80

85

The dotted curve denotes the "Expectation" according to the 17 Offices' Experience, the other that of the Eagle Unsound lives.

Since communicating to the Institute of Actuaries the above article, I have traced the causes of death in 505 of the cases,

Totals...

thinking that it might be of advantage to know how far the diseases
and affections which rendered it necessary in the first instance to
make the extra charge, were connected with those complaints
which eventually caused the death of the life assured.

This information I have collected and arranged in the following
table.

The following abstract of the discussion which followed the reading of the paper is taken from the Insurance Record.

The President having invited discussion,

Mr. BUNYON asked Mr. Humphreys whether he could trace the number of diseased lives, classed under the heads of organs of respiration and intemperance, that had died; the average addition in each case being only seven years.

Mr. HUMPHREYS said he had traced whether there had been a loss or gain on those lives, and he found that on the whole they had not paid sufficiently, and therefore a heavier addition would be required. He felt that it was no use to make a table of premiums for each disease, because people naturally expected the state of their disease to be assessed. It might be a fair average case, or a very bad one; and the same premium would not do for both cases. Supposing, for instance, it were an average case of gout, the company would add a certain number of years in consequence, but people would not pay an average rate in other cases.

Mr. BUNYON asked whether that was not specially the case with intemperate lives.

Mr. PORTER enquired what was meant by intemperate lives?