Life Insurance for Professors a Study of the Problem of Protection for the Fami
Life Insurance for Professors a Study of the Problem of Protection for the Fami
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In our eReader you can find the full English version of the book. Read Life Insurance for Professors a Study of the Problem of Protection for the Fami Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book Life Insurance for Professors a Study of the Problem of Protection for the Fami
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This is a very desirable form of policy, and comes much nearer to meeting the requirements which we are considering than the ordinary life policy payable in one sum. The continuous installment plan, however, provides for the payment of a certain number of installments whether the beneficiary whom it is intended to protect be living or not, and it is therefore considerably more expensive than the rever- sionary annuity which we have advocated. Although it is more desirable than the ordinary form..., the whole-life continuous in- stallment policy nevertheless contains the feature which makes ordinary life insurance so unsatisfactory, that is, the provision for full payment even though the insured die in old age, which must be regarded as a form of investment and not of true insurance.
In European countries, and especially in France, the business in annuity contracts of various forms has received a consider- able development, but that has not been the case in the United States. Our insurance companies have made efforts to extend the use of annuities, but without marked success.
What to read after Life Insurance for Professors a Study of the Problem of Protection for the Fami?
You can find similar books in the "Read Also" column, or choose other free books by Charles Edward Brooks to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
This is a very desirable form of policy, and comes much nearer to meeting the requirements which we are considering than the ordinary life policy payable in one sum. The continuous installment plan, however, provides for the payment of a certain number of installments whether the beneficiary whom it is intended to protect be living or not, and it is therefore considerably more expensive than the rever- sionary annuity which we have advocated. Although it is more desirable than the ordinary form..., the whole-life continuous in- stallment policy nevertheless contains the feature which makes ordinary life insurance so unsatisfactory, that is, the provision for full payment even though the insured die in old age, which must be regarded as a form of investment and not of true insurance.
In European countries, and especially in France, the business in annuity contracts of various forms has received a consider- able development, but that has not been the case in the United States. Our insurance companies have made efforts to extend the use of annuities, but without marked success.
What to read after Life Insurance for Professors a Study of the Problem of Protection for the Fami?
You can find similar books in the "Read Also" column, or choose other free books by Charles Edward Brooks to read onlineMoreLess
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