Fire Underwriters' Association in the United States
Fire Underwriters' Association in the United States
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In our eReader you can find the full English version of the book. Read Fire Underwriters' Association in the United States 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 Fire Underwriters' Association in the United States
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To quickly assess the difficulty of the text, read a short excerpt:
The most important objection, therefore, to term rates is the arbitrary manner of allowing them on some risks and not on others. A.
F. Dean says, "If this (a standard scale for long term rates) were adopted as a standard, and as universally observed as our present short rate standard, it would have two excellent results. First, it would stop the growing confusion in our tabulated annual statistics, caused by the ominous growth of term risks.
Second, it would prevent discrimination in favor of t...he man with ready cash who cannot put it to more profitable use than to save a year's premium on his three-year policies. * * ♦ " As regards short term risks, the situation is considerably better. Several such tables have been promulgated, including that of the Western Union, and these tables are usually applied to risks regardless of class.
What has been said above regarding long and short term risks serves to illustrate the conditions which exist in business where co-operation is absent or restricted.
What to read after Fire Underwriters' Association in the United States?
You can find similar books in the "Read Also" column, or choose other free books by Robert Riegel to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
The most important objection, therefore, to term rates is the arbitrary manner of allowing them on some risks and not on others. A.
F. Dean says, "If this (a standard scale for long term rates) were adopted as a standard, and as universally observed as our present short rate standard, it would have two excellent results. First, it would stop the growing confusion in our tabulated annual statistics, caused by the ominous growth of term risks.
Second, it would prevent discrimination in favor of t...he man with ready cash who cannot put it to more profitable use than to save a year's premium on his three-year policies. * * ♦ " As regards short term risks, the situation is considerably better. Several such tables have been promulgated, including that of the Western Union, and these tables are usually applied to risks regardless of class.
What has been said above regarding long and short term risks serves to illustrate the conditions which exist in business where co-operation is absent or restricted.
What to read after Fire Underwriters' Association in the United States?
You can find similar books in the "Read Also" column, or choose other free books by Robert Riegel to read onlineMoreLess
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