Summary |
The essential characteristic of a profession has come to be expertise in the area where professional services are preformed. This requires setting of selective standards for admission to the profession, intellectual and practical training to acquire professional competence, and an organization to rest such competence. To ensure that professional services are delivered in a manner expected to professionals, it has become necessary to lay down canons of professional performance and behavior in work situation as well as procedures for maintaining discipline.
The contents of the book includes-
1. Nature of Life Insurance and the Basic Principles Underlying It
2. Uses of Life Insurance: Family and Personal
3. Business Uses of Life Insurance
4. Classification of Policies
5. Term Insurance
6. Ordinary Life Insurance
7. Limited Payment Policies
8. Endowment Insurance
9. Installment Policies
10. Other Types of Insurance Contracts or Policies
11. Measurement of Risk in Life Insurance
12. Fundamental Principles Underlying Rate Making
13. The Net Single Premium
14. The Net Level Premium
15. The Reserve
16. Surrender Values and Policy Loans
17. Surplus
18. Fraternal and Assessment Insurance
19. Industrial Insurance
20. Development of Disability Insurance
21. Group Insurance
22. Types of Legal Reserve Companies
23. Organization of Companies
24. Life Insurance Investments
25. General Rules Underlying Court Decision Affecting Life Insurance
26. Insurable Interest
27. The Law Pertaining to the Beneficiary
28. Law Pertaining to Assignment of Policies
29. The Law Pertaining to Agent
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