<%@LANGUAGE="VBSCRIPT"%>
<%
option explicit
%>
<%
dim rsArticles, sSQL, gStr
set rsArticles = server.createobject("adodb.recordset")
rsArticles.cursorlocation = 3
sSQL = sSQL & "SELECT TOP 10 Articles.Article_ID, Articles.Article_Title, Articles.Article_Excerpt, "
sSQL = sSQL & "Articles.Article_Content, Articles.Article_Posted, Articles.Article_Comments, "
sSQL = sSQL & "Articles.Article_Images, Categories.Category_ID, Categories.Category_Title, Users.User_ID, "
sSQL = sSQL & "Users.User_Name FROM FB_Users AS Users INNER JOIN (FB_Categories AS Categories "
sSQL = sSQL & "INNER JOIN FB_Articles AS Articles ON Categories.Category_ID = Articles.Article_Category_ID) "
sSQL = sSQL & "ON Users.User_ID = Articles.Article_User_ID WHERE Article_Status = 1 AND Article_Level = 0 "
sSQL = sSQL & "ORDER BY Article_Posted DESC;"
rsArticles.open sSQL, adoConn
Do While Not rsArticles.EOF
gStr = gStr & "
" & vbCrLf
rsArticles.MoveNext
Loop
%>
<%=gStr%>
As an alternative to a lump sum the employer may offer the benefits package where a pension may be paid to the widow/widower and orphans of an employee who dies whilst in service, with the payments continuing up to the date that the employee would have worked up to his or her retirement date.
If there is no widow/widower then payment may be made to any orphans up to the age when they reach say 18.
Some recognition is now being given to unmarried partners where the partner was financially dependent on the deceased.
Group life insurance premiums
Individual lives can be seen as forming part of the statistics of the whole company group. This company or group can be seen as just a sample part of the whole population. Therefore the life office can reasonably use statistics which have the same age range as the employee group on which to base premiums. The life office may therefore use the English life tables or modify these based on their own experience or that of the employee group.
The employer inevitably pays the whole cost even if the employees may contribute part of the cost of an associated pension scheme.
These policies are usually costed on a unit rate system based on the average age of the employees in the group and the total sum insured for the year. The employer is only concerned with the total premium which may not vary much from year to year as older members retire from employment and are replaced by younger employees coming in.
In schemes where the benefit is related to a multiple of salary the initial premium may be based on the current salary at the beginning of the policy period and then be adjusted at the end of the policy period for adjustments in salaries.
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Underwriting of Group Life Insurance