The Law and Distribution of Surplus of Life Insurance Companies

Language: English

Published by Forgotten Books, 2018

1331438608 / 9781331438601

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Seller: Forgotten Books, London, United KingdomForgotten Books

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Print on Demand. This book is a critique of the life insurance industry and the policies it sells, especially those known as deferred dividend policies. The author, an expert in the insurance industry, argues that these policies are a form of gambling that benefit the insurance company, not the policyholder. He provides a breakdown of the history of these policies and their evolution into the deferred dividend policies commonly sold today. The author argues that the method of distribution of surplus capital under deferred dividend policies is manipulated by the insurance companies, who defer paying the policyholder their fair share of the policy profits, often in perpetuity. The author continues by discussing the practice of forfeiting the policyholder's capital gains in the event of a lapse in premium payments, arguing that this is predatory and harmful to the policyholder. The book concludes by advocating for legislative reform to protect policyholders from these predatory practices. 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.

Seller Inventory # 9781331438601_0

Title
The Law and Distribution of Surplus of Life Insurance Companies
Author
William A. Fricke
Publisher
Forgotten Books
Publication year
2018
Condition
New
Book Type
print-on-demand item
Binding
Paperback
Language
English
ISBN 10
1331438608
ISBN 13
9781331438601
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Business

Forgotten Books

London, United Kingdom

5-star seller

AbeBooks seller since June 2, 2021

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Store description

Forgotten Books’ Classic Reprint Series utilizes the latest technology to regenerate facsimiles of historically important writings. Careful attention has been made to accurately preserve the original format of each page whilst digitally enhancing the quality of the aged text.

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FB &c Ltd

Dalton House, 60 Windsor Avenue
London, United Kingdom SW19 2RR