Isbn: 9781331438601 - the law and distribution of surplus of life insurance companies (classic reprint) (3 risultati)

PAP. Condizione: New. New Book. Shipped from UK. Established seller since 2000.

PAP. Condizione: New. New Book. Shipped from UK. Established seller since 2000.

Paperback. Condizione: New. 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. print-on-demand item.…