Title: Life Assurance Primer A TextBook, Dealing With the Practice and Mathematics of Life Assurance, for Advanced Schools, Colleges and Universities Classic Reprint
Publisher: Forgotten Books
Publication Date: 2018
Language: English
ISBN 10: 1332455107
ISBN 13: 9781332455102
Binding: PAP
Condition: New
Weight: 411 grams

About this title

Synopsis

Understand the basics of life assurance and the math that makes it work.

This introductory text explains how pooled protection reduces risk, how premiums vary by age, and how different policy types fit real needs. It emphasizes practical knowledge for students, actuaries, and company officials alike, with clear explanations and useful data.

From the origins of life assurance to the practical methods used by modern companies, this book grounds readers in core concepts without heavy theory. Accessible language and concrete examples help readers grasp why life assurance is a form of saving and protection that differs from ordinary investments.

Clear distinctions between assurance and insurance, with practical implications for policy design
How premiums reflect age, policy type, and payment frequency
Introductory coverage of annuities, deferred and temporary, and their present values
Discussion of commutation columns and other tools actuaries use to simplify calculations

Ideal for readers seeking a solid foundation in life assurance principles and how they are applied in the industry.

"About this title" may belong to another edition of this title.

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