Net Rates and Reserves Adapted to Calculations Involving Preliminary Term Insurance: Also Tables for Various Increasing Temporary Insurances (Classic Reprint) - Tapa blanda

Sinopsis

Excerpt from Net Rates and Reserves Adapted to Calculations Involving Preliminary Term Insurance: Also Tables for Various Increasing Temporary Insurances

The phrase Preliminary Term Valuation is a misnomer. It is apt to convey to the layman the idea that there are two systems or ways of valuing policies under the same legal reserve laws; or that the legal reserve laws of the various States may be interpreted in two different ways. Much confusion has arisen from the use of the term referred to, and some of the discussion on the subject has been clouded by reason thereof.

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