Download or read book Investigation Into the Plans and Practices of Co operative Insurance Organizations Chiefly Those Known as Endowment Associations written by California. Bureau of Labor Statistics and published by . This book was released on 1889 with total page 96 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book INVESTIGATION INTO THE PLANS written by California Bureau of Labor Statistics and published by Wentworth Press. This book was released on 2016-08-29 with total page 100 pages. Available in PDF, EPUB and Kindle. Book excerpt: This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work was reproduced from the original artifact, and remains as true to the original work as possible. Therefore, you will see the original copyright references, library stamps (as most of these works have been housed in our most important libraries around the world), and other notations in the work. This work is in the public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work. As a reproduction of a historical artifact, this work may contain missing or blurred pages, poor pictures, errant marks, etc. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.
Download or read book Investigation Into the Plans and Practices of Co Operative Insurance Organizations written by John J. Tobin and published by . This book was released on 2016-06-22 with total page 102 pages. Available in PDF, EPUB and Kindle. Book excerpt: Excerpt from Investigation Into the Plans and Practices of Co-Operative Insurance Organizations: Chiefly Those Known as Endowment Associations Such a plan to furnish money relief to an humble family at the lowest cost, and at time of great need - either in old age, or in case of accident or death appeals to the masses as most deserving of support. At first this plan was adopted by fraternal societies organized for other and different purposes, who put it in, so to speak, as a new plank in their platform. Those interested in the old line life and accident insurance companies tried, by every means, to cry down this new departure on the part of the fraternal societies. The country was deluged with literature showing the impossibility of success. Experts were employed who proved, beyond the possibility of contradiction, the utter absurdity of the fraternals being able to fulfill their obligations. "Figures don't lie, You cannot go beyond the logic of cold facts," they continually cried out. Still, in spite of such direful prophecies and predictions, in the face of adverse arithmetical demonstrations, against all powerful monopoly influence, these fraternal societies have calmly pursued the even tenor of their way and faithfully carried out their pledges. It may now be said that they have passed the experimental stage and entered upon a career of permanent usefulness. No one is now rash enough to dispute that the fraternal cooperative insurance societies have furnished an immense amount of relief at low cost. Methods Of Old Line Insurance. They occupy a field inaccessible to the methods of the old life companies. They have forced the latter to a considerable reduction of rates, and brought them to a realizing sense that their days of undivided sway are passed forever. The enormous amount of money locked up in the reserve funds of the old line insurance companies, mounting up to the tens and hundreds of millions, is not now accumulating at such an alarming ratio. Take, for instance, the millions hoarded up annually and placed in reserve funds by the Mutual Life of New York, the Equitable Life Assurance, the Connecticut Mutual Life, and the New York life insurance companies. Where do they come from? They represent an amount over and above the necessary expenditures which was taken directly from. the pockets of their policy holders in premiums. That it is proper for such companies to have a reserve or guarantee fund is unquestionable, even if the law did not require it, but to go on forever squeezing their shareholders in order to pile up this reserve fund mountain high, is baneful policy and unjust to those who pay. The thousands of insured who have raised up these immense piles from a cipher foundation have practically about as much present and prospective interest in the reserve funds, except in the way of guaranty, as the slaves under King Rameses had in the Egyptian pyramids which they had helped to build. The Pennsylvania insurance reports show that the level premium insurance companies collected in ten years $699,250,701. They paid in losses and matured endowments during the same period $285,354,004. Where did the difference go, amounting to the enormous total of $413,896,797? Twenty-nine companies in the State of New York received in premiums, in 1888, over $114,000,000 of which only $48,000,000 were paid for death claims, while $29,000,000 were paid for expenses. For every dollar, therefore, paid for death claims more than sixty cents was paid for expenses. The balance, $37,000,000, were added to the assets of the companies. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com
Download or read book Index of Economic Material in Documents of the States of the United States California 1849 1904 written by Adelaide Rosalia Hasse and published by . This book was released on 1908 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Index of Economic Material in Documents of the States of the United States written by Hasse. Adelaide Rosalie and published by . This book was released on 1908 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Index of Economic Material in Documents of the States of the United States written by Adelaide Rosalia Hasse and published by . This book was released on 1908 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Journal Industry written by and published by . This book was released on 1889 with total page 242 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Carnegie Institution of Washington Publication written by and published by . This book was released on 1902 with total page 330 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Index of Economic Material in Documents of the States of the United States California 1849 1904 written by Adelaide Rosalia Hasse and published by . This book was released on 1965 with total page 330 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Catalog of Printed Books Supplement written by Bancroft Library and published by . This book was released on with total page 694 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Bibliography of American Imprints to 1901 Date index written by and published by . This book was released on 1993 with total page 500 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Bibliography of American Imprints to 1901 Place index written by and published by . This book was released on 1993 with total page 464 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The National Union Catalog Pre 1956 Imprints written by Library of Congress and published by . This book was released on 1970 with total page 712 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Bibliography of American Imprints to 1901 Subject index written by and published by . This book was released on 1993 with total page 420 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Bibliography of American Imprints to 1901 Author index written by and published by . This book was released on 1993 with total page 444 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Monthly Journal of Insurance Economics written by and published by . This book was released on 1916 with total page 1192 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Spectator written by and published by . This book was released on 1915 with total page 942 pages. Available in PDF, EPUB and Kindle. Book excerpt:
