Financial Justification in Life Insurance Underwriting
The principle of insurable interest is of great philosophical and moral significance but would be of little practical value without … Read more
The principle of insurable interest is of great philosophical and moral significance but would be of little practical value without … Read more
Most states require that an insurable interest be present only at the time when the life insurance contract is entered … Read more
Insurable interests are based on the relationship between the policyholder and the insured. These types of relationships fall into three … Read more
Insurable interest is a key principle in life insurance law. It is the requirement imposed by law (and by insurers) … Read more
A life insurance policy is a legally enforceable contract issued by the insurer in consideration of the application and the … Read more
This article provide an overview of some of the general principles governing life insurance as a legally enforceable contract and … Read more
The previous discussions of the various policy comparison methods and the summary table of the common policy comparison methods suggest … Read more
The Summary of Policy Comparison Measures should prove helpful in reviewing these methods and in deciding which should be used … Read more
The Linton yield method works like this: The planner computes the rate of return that the policyowner must earn on … Read more
A number of different types of reinsurance are available. The two main types are proportional reinsurance and nonproportional reinsurance. Proportional … Read more