The Successful Agent, Practical Hints for the Seller of Life Insurance; the Principles of Insurance Explained So Simply That Any Layman Can Readily Understand

Cover The Successful Agent, Practical Hints for the Seller of Life Insurance; the Principles of Insurance Explained So Simply That Any Layman Can Readily Understand
The Successful Agent, Practical Hints for the Seller of Life Insurance; the Principles of Insurance Explained So Simply That Any Layman Can Readily Understand
William Alexander
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There are different kinds of policies because there are different kinds of people. One policy is better than another in a given case, because it happens to meet exactly the needs of a particular man.
If a man should ask you to advise him whether to buy an automobile or a motor boat, your natural in- quiry would be, "Do you wish to travel by land or by water ? " Thus it is with insurance ; the best policy is the one that effects the purpose for which it is desired.
POUCIES MAT BE SEPARATED INTO
...POUR CLASSES.
Life insurance may be broadly classified as follows : 1. Ordinary life policies.
2. Limited payment life policies.
3. Endowment policies.
4. Miscellaneous, or eccentric, contracts.
There are few policies issued which do not fall within one of the first three of these categories.
72 THE SUCXIISSFUL AGENT THE ORDINARY LIFE POUCY.
Thus far we have confined our attention to ordinary life policies, and the explanations already made suffi- ciently describe that form.* THE LIMITED PAYMENT UFE POUCY.


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