Excerpt from The Life Insurance Company
This is not so much a book of reference as a general treatise on life insurance.
It is not intended for the full-fledged actuary, hut may serve as a preliminary to actuarial study. It is not intended primarily for the chief executive officers of life insurance companies, for they are presumably experts, but it may be of value to junior officers, heads of departments, and insurance canvassers whose efficiency and progress may depend to some extent upon an intelligent grasp of the subject as a whole.
The capitalist who invests his money in life insurance (and who sometimes makes expensive blunders through ignorance of fundamental truths) may find it of interest; so also may the financier, the legislator, the journalist, the sociologist, the student of political economy - for life insurance has become one of the greatest of financial forces, and has done as much to advance modern civilization as any other single influence.
The student who enters upon the study of life insurance is like a traveler who seeks to follow an unfrequented trail. At first he will be in constant danger of losing his way, but after a time he will reach the beaten path and be able to follow it easily. Hence, although the effort has been to make this treatise comprehensive, the chief aim has been to make its earlier pages elementary and absolutely clear and simple.
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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 The Life Insurance Company (Classic Reprint) (William Alexander)