Functions of the skeletal system are: support-it forms the body's framework to support the muscles and organs. protection-the skeletal systems protects by. 1) forming the bony cavities around organs, e.g. the thoracic cavity protects the heart and lungs, the cranial cavity protects the brain.unctions of the skeletal system are: support-it forms the body's framework to support the muscles and organs. protection-the skeletal systems protects by. 1) forming the bony cavities around organs, e.g. the thoracic cavity protects the heart and lungs, the cranial cavity protects the brain.
legal reserve life insurance company. A life insurance company that sustains the reserve amount mandated by the laws of the area in which it operates. http://www.businessdictionary.com/definition/legal-reserve-life-insurance-company.html.
Background Disabled life reserves for extended death benefits of the group life premium-waiver type, commonly referred to as waiver of premium claims, are significant liabilities on the balance sheets of group term life insurers. However, to date no formal guidance for valuing these liabilities exists.