The book The a B C of Life Insurance was written by author Charles E Willard Here you can read free online of The a B C of Life Insurance book, rate and share your impressions in comments. If you don't know what to write, just answer the question: Why is The a B C of Life Insurance a good or bad book?
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And note the number and amount of premiums in excess of the actual cost of the insurance paid each year by those who die dur- ing that year, and compute their aggregate with compound interest accretions. Of course, under the pure endowment, page 26, since there is no insurance there can be no cost of insurance, and the reserve at the end of each year includes every cent which has been paid by all those who have died. If ^the reader has followed the discussion carefully from the first page to th...e current one, he will readily understand that the amount of contribution to the reserve by those who have died will vary very largely with the form of policy and the length of time during which the insurance has been in force, being in some cases of considerable, and in others of incon- siderable, importance. But that any such contribution, of greater or of less amount, has been made, is sufficient to nullify the alleged " ownership " of the reserve. The fact is that the insured agrees to pay so much a year for so much insurance ; as a rule he knows little of the theory or practice of the business, and concerns himself less.
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