Sinopsis
Excerpt from Principles and Practice of Life Insurance
In the introduction commutation symbols are printed in Gothic type, in accordance with the recommendation of the Actuarial Society of America, but in the headings to the tables the old type is still employed with exactly the same significance as the Gothic type used in the introduction.
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Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com
This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
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Reseña del editor
Excerpt from Principles and Practice of Life Insurance
In the introduction commutation symbols are printed in Gothic type, in accordance with the recommendation of the Actuarial Society of America, but in the headings to the tables the old type is still employed with exactly the same significance as the Gothic type used in the introduction.
About the Publisher
Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com
This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
Reseña del editor
Excerpt from Principles and Practice of Life Insurance
The commutation column Rx, useful for the calcula tion of increasing benefits, has been added to the Ameri can Experience Table at and 4% interest. The values of several other functions, such as life annuities, single premiums, etc., have also been amplified by the addition of those for younger and older ages.
The introductory explanations have been entirely re-written. They are divided in two sections. The first contains verbal explanations of terms commonly used in life insurance, and given in alphabetical order, so as to be suitable for ready reference. The second section deals with the scientific principles on which life insurance is based, enters into mathematical formulas, and explains the principles of life insurance to such an extent that any student can thereby attain familiarity with the tables which form the main portion of the work.
The notation used in the mathematical demonstrations is in accordance with the svstem recommended by the Actuarial Society of America, and now generally used throughout the world for actuarial purposes. The International Congress of Actuaries in 1898 recommended that one uniform system be adopted in all countries, and this recommendation has been generally followed. The new notation is very easily understood. So far as possible, the initial letters of words are employed as a general basis, and these letters are modified by other subscript letters, printed in smaller type to the left or right of the principal symbol. Each symbol is explained as the necessity for using it arises; it is therefore un necessary to give here any detailed explanation or an index of the symbols.
About the Publisher
Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com
This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
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Principles and Practice of Life Insurance (Classic Reprint)
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Paperback. Condición: New. Print on Demand. This book offers a comprehensive exploration of the principles and practices of life insurance, providing a clear and insightful guide for both students and professionals. Published in 1906, it reflects the knowledge and practices of the era, offering a fascinating glimpse into the development of this industry. The book delves into the intricate world of life insurance, explaining its fundamental concepts with clarity and precision. The author meticulously unpacks the diverse terminology used in the field, providing definitions for terms like "annuity," "beneficiary," "cost of insurance," "forfeiture," and "surrender value." The book also illuminates the mathematical foundations upon which life insurance is built, exploring concepts like mortality tables and actuarial calculations. The inclusion of numerous tables and formulas provides practical insights into the complexities of premium calculations, policy valuations, and the allocation of surplus funds. Furthermore, the book delves into the then-emerging concept of non-forfeiture laws, which aimed to protect policyholders from losing their investment in the event of a lapse in premium payments. This exploration provides valuable historical context for understanding the evolving role of government regulation in the life insurance industry. In essence, this book offers a rich and detailed exploration of life insurance in the early 20th century, illuminating the evolution of this crucial financial instrument and its impact on individuals and society. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item. Nº de ref. del artículo: 9781333042417_0
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Principles and Practice of Life Insurance Classic Reprint
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PAP. Condición: New. New Book. Shipped from UK. Established seller since 2000. Nº de ref. del artículo: LW-9781333042417
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Principles and Practice of Life Insurance (Classic Reprint)
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Forgotten Books, 2016
ISBN 10: 1333042418
ISBN 13: 9781333042417
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Condición: Sehr gut. Zustand: Sehr gut | Seiten: 546 | Sprache: Englisch | Produktart: Bücher | Keine Beschreibung verfügbar. Nº de ref. del artículo: 26978794/2
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