Summary |
The purpose of Principles of Insurance: Life Health, and Annuities is to describe the life and health insurance industry and the products provided by life and health insurance companies in the United States and Canada. The text is divided into four sections. Section 1 introduces some basic principles that insurance companies follow when they issue life and health insurance policies. Section 2 introduces the various life insurance and annuity products that insurers market today, including individual and group products. Section 3 describes health insurance. The final section describes how insurance products are developed, distributed, and administered.
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