Description:Excerpt from Assessment Life Insurance: A Treatise Showing the Origin, Development and Condition of the Assessment System of Life Insurance Life insurance on the assessment plan has reached such proportions in the volume of business transacted and the benefits annually conferred that it well deserves the study of both insurance men and sociologists. The plans and problems presented by assessment societies are so various as to involve much greater complexity and consequently greater difficulties than the comparatively uniform plans and practices of the regular companies. In the past this subject has been largely neglected by actuaries, though within a comparatively recent period some of them have taken it up and are now doing yeoman work in this field. But commonly the attitude of actuaries toward the systems has been more or less contemptuous; they have ignored its merits and sometimes exaggerated its demerits. This is unfortunate both for the associations and for the actuaries; for the associations, which have sorely needed actuarial guidance, and for the actuaries, since it has operated to narrow their field and their opportunities for earning a livelihood at useful labor. In fact, the scope of actuarial science needs to be extended in this country to correspond with its scope in other countries. The history of assessmentism in America is one of reaction and subsequent evolution - of reaction against the hard and fast lines of legal reserve insurance and its illiberal surrender charges, and of evolution from simple but exceedingly erroneous and dangerous plans to highly specialized and approximately accurate plans. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.We have made it easy for you to find a PDF Ebooks without any digging. And by having access to our ebooks online or by storing it on your computer, you have convenient answers with Assessment Life Insurance: A Treatise Showing the Origin, Development and Condition of the Assessment System of Life Insurance (Classic Reprint). To get started finding Assessment Life Insurance: A Treatise Showing the Origin, Development and Condition of the Assessment System of Life Insurance (Classic Reprint), you are right to find our website which has a comprehensive collection of manuals listed. Our library is the biggest of these that have literally hundreds of thousands of different products represented.
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Assessment Life Insurance: A Treatise Showing the Origin, Development and Condition of the Assessment System of Life Insurance (Classic Reprint)
Description: Excerpt from Assessment Life Insurance: A Treatise Showing the Origin, Development and Condition of the Assessment System of Life Insurance Life insurance on the assessment plan has reached such proportions in the volume of business transacted and the benefits annually conferred that it well deserves the study of both insurance men and sociologists. The plans and problems presented by assessment societies are so various as to involve much greater complexity and consequently greater difficulties than the comparatively uniform plans and practices of the regular companies. In the past this subject has been largely neglected by actuaries, though within a comparatively recent period some of them have taken it up and are now doing yeoman work in this field. But commonly the attitude of actuaries toward the systems has been more or less contemptuous; they have ignored its merits and sometimes exaggerated its demerits. This is unfortunate both for the associations and for the actuaries; for the associations, which have sorely needed actuarial guidance, and for the actuaries, since it has operated to narrow their field and their opportunities for earning a livelihood at useful labor. In fact, the scope of actuarial science needs to be extended in this country to correspond with its scope in other countries. The history of assessmentism in America is one of reaction and subsequent evolution - of reaction against the hard and fast lines of legal reserve insurance and its illiberal surrender charges, and of evolution from simple but exceedingly erroneous and dangerous plans to highly specialized and approximately accurate plans. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.We have made it easy for you to find a PDF Ebooks without any digging. And by having access to our ebooks online or by storing it on your computer, you have convenient answers with Assessment Life Insurance: A Treatise Showing the Origin, Development and Condition of the Assessment System of Life Insurance (Classic Reprint). To get started finding Assessment Life Insurance: A Treatise Showing the Origin, Development and Condition of the Assessment System of Life Insurance (Classic Reprint), you are right to find our website which has a comprehensive collection of manuals listed. Our library is the biggest of these that have literally hundreds of thousands of different products represented.