Excerpt from Insurance as a Means of Investment
In the following pages an attempt is made to explain tho advantages of Life Assurance and Annuity Contracts and to remove some erroneous conceptions of their nature.
Life Assurance, as its name implies, is primarily a safeguard against early death, but it does not stop there. Most of the Assurances effected to-day include not only this provision for premature decease, but comprise also an Investment element. Investment Assurance is a natural corollary to Death Assurance.
The Assurance Offices with few exceptions conduct their business economically and invest their Funds advantageously. Tho Companies have the assistance of some of the ablest Financiers, and tho risk of loss from Investments is reduced to a minimum.
When effecting an Assurance it is well to have the advice of one skilled in these matters. Such a one is not always available, and under these circumstances this treatise may he found helpful.
Many examples are given throughout the pages. These are based partly on definite Contracts, such as Contracts Without participation in the Profits of the
Company and Contracts With Profits, but with a guaranteed amount of Profits. There are, however, other examples based on the assumption that the Office selected to illustrate the particular Contract maintains its present rate of Bonus.
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. Это и многое другое вы найдете в книге Insurance as a Means of Investment (Classic Reprint) (W. A. Robertson)