Insurance And Real Estate Part I Insurance
Insurance And Real Estate Part I Insurance
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In our eReader you can find the full English version of the book. Read Insurance And Real Estate Part I Insurance 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 Insurance And Real Estate Part I Insurance
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The average life insurance policy is incontestable from date of issue except for suicide and usually is incontestable for that feature one year after issue. In connection with suicide, an attempt was made to do away with the special provision for one year. It was found, however, that with this restriction removed, the number of suicides apparently increased so that the suicide clause was restored as a protection to the insurance companies. People contemplating suicide would, just POLICIES AND P...REMIUM RATES 207 before taking their lives, secure policies so long as they could get those which were incontestable from date of issue.
It might naturally be assumed that insurance appli- cants could be relied upon to state their ages correctly, and yet there have been sufficient cases of misstatement to warrant rules being made to provide the proper means of adjustment. The rule generally in force at the pres- ent time is that if the age has been misstated the correc- tion may be made and the proper payment under the policy for the given age be made the basis of settlement.
What to read after Insurance And Real Estate Part I Insurance?
You can find similar books in the "Read Also" column, or choose other free books by Edward Rochie Hardy to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
The average life insurance policy is incontestable from date of issue except for suicide and usually is incontestable for that feature one year after issue. In connection with suicide, an attempt was made to do away with the special provision for one year. It was found, however, that with this restriction removed, the number of suicides apparently increased so that the suicide clause was restored as a protection to the insurance companies. People contemplating suicide would, just POLICIES AND P...REMIUM RATES 207 before taking their lives, secure policies so long as they could get those which were incontestable from date of issue.
It might naturally be assumed that insurance appli- cants could be relied upon to state their ages correctly, and yet there have been sufficient cases of misstatement to warrant rules being made to provide the proper means of adjustment. The rule generally in force at the pres- ent time is that if the age has been misstated the correc- tion may be made and the proper payment under the policy for the given age be made the basis of settlement.
What to read after Insurance And Real Estate Part I Insurance?
You can find similar books in the "Read Also" column, or choose other free books by Edward Rochie Hardy to read onlineMoreLess
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