Summary |
The object of this book is to treat life assurance on a practical level, to examine its benefits and to suggest ways in which these can be most rewardingly applied. It is, therefore, convenient-even when this means cutting across orthodox divisions-broadly to group the subject-matter according to whether the main object is protective, i.e., to provide cover for dependants, or for investment, i.e., to save for the benefit of the assured. Annuities constitute a third group and these in turn have a special bearing on the problems of retirement and old age. The solution of these problems can involve the whole range of life assurance, which can be deployed to good effect in minimizing both the burden of present taxation and future liability for estate duty.
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