Life Insurance a Textbook

Cover Life Insurance a Textbook
Life Insurance a Textbook
S S Solomon Stephen Huebner
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Thus in the aforementioned com- pany, " for a premium of five cents at age 10 the amount payable in the event of death after the policy has been six months in force is $150. 00, at age 20 the amount payable is $105. 00, at age 30 it is $79. 00, at age 40 it is $57. 00, at INDUSTRIAL INSURANCE 279 age 50 it is $38. 00, and at age 60 it is $22. 00. " Usually infantile premiums are limited to ages under 10 and adult premiums to ages 10 to 65 or 70, inclusive. It is also the practice to restrict th...e maximum amount of insurance that may be taken at certain ages under either infantile or adult policies.
Organization and Management of the Field Force. Owing to the weekly collection of premiums at the homes of the insured, it is necessary to organize the. Agency system in industrial insurance with special reference to the needs of the business. To facilitate the efficient handling of the enormous volume of details necessarily connected with weekly collections, the company's territory is divided into districts which are usually made to coincide with the leading cities, although in the very large cities like New York, Philadelphia, etc.


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