Excerpt from Cost of Insurance: A Treatise Upon the Cost of Life Insurance, Together With an Arithmetical Explanation of the Computation of Premiums and Valuation of Policies; To Which Are Added Tables of Net Premiums, Cost of Insurance, &C., For the Use of Life Insurance Agents
The object of this treatise is to explain the science of life insurance, so that its main features can be easily understood by any one having an ordinary knowledge of arithmetic. The author has avoided as far as possible the algebraic terms which have hitherto made the subject almost incomprehensible to agents; and he has endeavored to explain and illustrate it in the simplest possible manner. The great want among life insurance companies at the present time is agents who thoroughly understand the nature of the business they are advocating, and who can present arguments based upon the scientific nature of the subject, and meet objections without referring to the home offices for information. The importance of life insurance is now universally admitted by all intelligent men; the information which they require is, whether it will pay, and what are the necessary premiums which the company must charge for insuring their lives. If they are satisfied that it is a good investment, the victory is half won.
About one~half of the tables in this treatise are from a larger work on the Cost of Insurance, published by Stephen English, Esq., Editor [of The Insurance Times. The remainder were computed by the author.
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Paperback. Zustand: New. Print on Demand. This fascinating book demystifies the world of life insurance, making it accessible and understandable to the average reader. The author, an expert in the field, steers clear of technical jargon, instead utilizing simple arithmetic and clear explanations to illuminate the essential concepts. The book delves into the history and evolution of life insurance, tracing its origins to ancient practices of shared risk and collective support. From there, it explores the fundamental principles underlying life insurance, such as mortality rates, premiums, and the role of interest rates. The author emphasizes the importance of understanding the nature of the business and the factors that determine the cost of insurance. By empowering readers with this knowledge, the book empowers them to make informed decisions about their insurance needs, ensuring they secure the right coverage at the right price. Its insights not only enhance comprehension but also foster a greater appreciation for the value and security that life insurance offers. 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. Bestandsnummer des Verkäufers 9781332229093_0
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PAP. Zustand: New. New Book. Shipped from UK. Established seller since 2000. Bestandsnummer des Verkäufers LW-9781332229093
Anbieter: PBShop.store UK, Fairford, GLOS, Vereinigtes Königreich
PAP. Zustand: New. New Book. Shipped from UK. Established seller since 2000. Bestandsnummer des Verkäufers LW-9781332229093
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