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Addresses and Papers on Life Insurance and Other Subjects (Classic Reprint)




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Hersteller:Forgotten Books (Dryden, John F.)
Stand:2015-08-04 03:50:33

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Produktbeschreibung

Excerpt from Addresses and Papers on Life Insurance and Other Subjects The life insurance business in the United States of to-day has, within a single generation, attained to proportions wholly unanticipated in 1875, when The Prudential came into existence as the first institution to transact Industrial insurance in America. On the thirty-first of December of that year the number of legal-reserve Ordinary policies in force was only about 800,000, for the sum of approximately $2,016,000,000, in contrast with 25,852,405 Industrial and Ordinary policies, for $14,518,952,277, in force on December 31, 1908. This enormous and commendable progress has, in no small measure, resulted from the concurrent development of Industrial insurance, through which a vast number of the American people have learned systematic habits of saving and have come to realize the unquestionable value of family protection through life insurance with legal-reserve companies. The first Industrial insurance policy in America was issued by The Prudential on November 10, 1875, and out of the most humble beginnings Industrial insurance has developed into a social institution of universal importance, making effectively for human betterment. 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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