Notes on Life Insurance: In Two Parts, First; The Theory of Life Insurance, Net Value of the Risk on One Dollar for One Year, Net Single Premium, Net ... Net Cost of Insurance, Valuation of Policies - Softcover

Gustavus Woodson Smith

 
9781528418058: Notes on Life Insurance: In Two Parts, First; The Theory of Life Insurance, Net Value of the Risk on One Dollar for One Year, Net Single Premium, Net ... Net Cost of Insurance, Valuation of Policies

Synopsis

This book, by Gustavus W. Smith, is an introduction to the theory and practice of life insurance. It is intended for general readers who are interested in understanding this complex topic. The author explains the basic principles of life insurance, including the calculation of premiums. A major focus of the book is the importance of the reserve, which is the amount of money that an insurance company sets aside to cover future claims. The author debunks the common misconception that this reserve is cash capital and emphasizes that it is a crucial part of the company's ability to meet its obligations to policyholders. The author also provides insightful discussions on the broader impacts of life insurance, highlighting its significance in modern society.

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Other Popular Editions of the Same Title

9780266898672: Notes on Life Insurance: In Two Parts, First; The Theory of Life Insurance, Net Value of the Risk on One Dollar for One Year, Net Single Premium, Net Annual Premium, Trust-Fund on Deposit, or Reserve;

Featured Edition

ISBN 10:  026689867X ISBN 13:  9780266898672
Publisher: Forgotten Books, 2018
Hardcover