Summary |
This is the second revision of a volume that was originally written as a doctoral dissertation but over the years has achieved a status that entitles it to be regarded as a classic in its field. In its original form it won immediate recognition as a useful and authoritative treatment of a significant and rapidly expanding segment of the life insurance business.
The volume is offered as a comprehensive analysis of concepts, contracts, costs, and company practices in group life insurance. The continuing central theme of the analysis relates to employer group term life insurance since, on the basis of age, number of persons covered, and general significance to life insurance, this is still the most important group coverage. Most of the principles and practices covered here are, as will be shown, equally applicable to the group permanent forms of life insurance; many are also readily translatable to the multiple forms of group health insurance and to group annuities.
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