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Local on Line Insurance Politicies: The Connecticut Mutual Life Insurance Company

Local on Line Insurance Politicies: The Connecticut Mutual Life Insurance Company

John M. Taylor
0/5 ( ratings)
Excerpt from Local on Line Insurance Politicies: The Connecticut Mutual Life Insurance Company
Thirty years ago one of the conservative American life companies announced to its representatives that, on satisfactory assignment of its policies, it would make cash loans on them for fifty per cent. of the net reserve.
This radical change of then current methods in the business was solely due to competition, and heralded the host of concessions entitled "policy privileges," at first voluntarily incorporated in the contracts of insurance and, later, in their chief essentials, made compulsory under the laws of certain states.
What are the present results following this experimental departure from the early and tried standards of management?
Language
English
Pages
36
Format
Paperback
Publisher
Forgotten Books
Release
August 03, 2018
ISBN
1332152260
ISBN 13
9781332152261

Local on Line Insurance Politicies: The Connecticut Mutual Life Insurance Company

John M. Taylor
0/5 ( ratings)
Excerpt from Local on Line Insurance Politicies: The Connecticut Mutual Life Insurance Company
Thirty years ago one of the conservative American life companies announced to its representatives that, on satisfactory assignment of its policies, it would make cash loans on them for fifty per cent. of the net reserve.
This radical change of then current methods in the business was solely due to competition, and heralded the host of concessions entitled "policy privileges," at first voluntarily incorporated in the contracts of insurance and, later, in their chief essentials, made compulsory under the laws of certain states.
What are the present results following this experimental departure from the early and tried standards of management?
Language
English
Pages
36
Format
Paperback
Publisher
Forgotten Books
Release
August 03, 2018
ISBN
1332152260
ISBN 13
9781332152261

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