Principles of Insurance Legislation (Classic Reprint) - Hardcover

Miles Menander Dawson

Hardcover

ISBN 10: 0484409107 ISBN 13: 9780484409100

Publisher: Forgotten Books, 2018

Synopsis

Understanding life insurance laws and why they matter

This guide explains how regulators shape life insurance through clear, practical principles. It covers insurable interest, how beneficiaries are chosen, and when policies can be transferred or assigned. The text argues for straightforward policy terms and fair treatment of insured people, beneficiaries, and lenders. It also analyzes how courts have interpreted existing laws and what that means for consumers and insurers alike.

Written in accessible language, the book outlines the problems caused by opaque or conflicting rules. It suggests concrete standards for policy forms, consent requirements, and timely claims, so readers can evaluate risk, legality, and responsibility in life insurance programs. The focus is on real-world implications for agents, regulators, and policyholders, not on theoretical math.

• How insurable interest affects who can be covered and who may benefit
• Rules governing assignment, transfer, and premium payment on policies
• Standards for form, language, and disclosures in life-insurance contracts
• The role of state law in governing policy terms and enforcement

Ideal for readers of insurance law, policyholders, and professionals seeking clear guidance on the regulation of life insurance.

Edition details

• Publisher: Forgotten Books
• Publication date: 2018
• Language: English
• ISBN 10: 0484409107
• ISBN 13: 9780484409100
• Binding: Hardcover
• Number of pages: 162