The History And Development of Personal Accident And Sickness Insurance
The History And Development of Personal Accident And Sickness Insurance
H J Hastings
The book The History And Development of Personal Accident And Sickness Insurance was written by author H J Hastings Here you can read free online of The History And Development of Personal Accident And Sickness Insurance book, rate and share your impressions in comments. If you don't know what to write, just answer the question: Why is The History And Development of Personal Accident And Sickness Insurance a good or bad book?
What reading level is The History And Development of Personal Accident And Sickness Insurance book?
To quickly assess the difficulty of the text, read a short excerpt:
Assurance Under the Assurance Companies Act of 1909, no pro- Companies' vision appears to have been made for a reserve fund, as Act, 1909. No distinction has been drawn between permanent contract sickness business and ordinary accident business. Any Com- pany transacting the latter class is not bound to make the usual deposit, or to keep a separate account of such busi- ness, although in the interests of the policyholders such provision is of equal importance as with Life contracts. Surrender T...here is a further similarity to Life assurance, as under certain tables a surrender value is allowed if no claims have been paid, although the method of calculating such surrender value is different. With a Life contract the value increases as the policy reaches maturity, but with sickness contracts it is greater up to about half-way through the term, after which it decreases owing to the larger reserves which have to be made to meet claims. Scientific The above figures also prove the necessity of scientific rating, as it is distinctly shown that a man of 50 is a much worse risk than a man age 30, yet under the annual contract policy, the same rate of premium would be charged for both.
You can download books for free in various formats, such as epub, pdf, azw, mobi, txt and others on book networks site. Additionally, the entire text is available for online reading through our e-reader. Our site is not responsible for the performance of third-party products (sites).
User Reviews: