Synopsis
Understand the fundamentals of life insurance and the math that drives it. This edition explains key terms, notations, and how tables shape real-world decisions for agents and students.
This book aims to help the public understand the core ideas behind life insurance and how the science behind the numbers supports families and businesses. It presents explanations in plain language while covering the mathematical principles that underlie policy design, pricing, and value calculations.
- Clear explanations of life insurance terms and concepts, with practical context for everyday use.
- Introduction to the notation and methods used by actuaries and researchers in the field.
- Details on notable tables and how commutation columns, life annuities, and premiums are calculated.
- Guidance for agents and students on presenting life insurance concepts confidently and accurately.
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Principles and Practice of Life Insurance (Classic Reprint)
Print on DemandSeller: Forgotten Books, London, United Kingdom
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Paperback. Condition: New. Print on Demand. This book offers a comprehensive exploration of the principles and practices of life insurance, providing a clear and insightful guide for both students and professionals. Published in 1906, it reflects the knowledge and practices of the era, offering a fascinating glimpse into the development of this industry. The book delves into the intricate world of life insurance, explaining its fundamental concepts with clarity and precision. The author meticulously unpacks the diverse terminology used in the field, providing definitions for terms like "annuity," "beneficiary," "cost of insurance," "forfeiture," and "surrender value." The book also illuminates the mathematical foundations upon which life insurance is built, exploring concepts like mortality tables and actuarial calculations. The inclusion of numerous tables and formulas provides practical insights into the complexities of premium calculations, policy valuations, and the allocation of surplus funds. Furthermore, the book delves into the then-emerging concept of non-forfeiture laws, which aimed to protect policyholders from losing their investment in the event of a lapse in premium payments. This exploration provides valuable historical context for understanding the evolving role of government regulation in the life insurance industry. In essence, this book offers a rich and detailed exploration of life insurance in the early 20th century, illuminating the evolution of this crucial financial instrument and its impact on individuals and society. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item. Seller Inventory # 9781333042417_0
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Principles and Practice of Life Insurance Classic Reprint
Seller: PBShop.store US, Wood Dale, IL, U.S.A.
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PAP. Condition: New. New Book. Shipped from UK. Established seller since 2000. Seller Inventory # LW-9781333042417
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Principles and Practice of Life Insurance Classic Reprint
Seller: PBShop.store UK, Fairford, GLOS, United Kingdom
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PAP. Condition: New. New Book. Shipped from UK. Established seller since 2000. Seller Inventory # LW-9781333042417
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Principles and Practice of Life Insurance (Classic Reprint)
Seller: Buchpark, Trebbin, Germany
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Condition: Sehr gut. Zustand: Sehr gut | Seiten: 546 | Sprache: Englisch | Produktart: Bücher | Keine Beschreibung verfügbar. Seller Inventory # 26978794/2
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