Page 1 - Life Assurance
P. 1
Chapter Two
Life Assurance
As a Social and Economic Device
2/1 What is life assurance?
2/2 What is the life assurance policy?
2/3 The principle types of life assurance
policies.
2/3/1 Term assurance.
2/3/2 Annuities (pensions).
2/3/3 Professional policies.
2/3/4 Group life assurance.
2/3/5 Industrial life assurance and
friendly societies.
2/3/6 The growth of life risk experience
introduce new classes of risk.
2/3/7 Insured values as a guide to the
financial circumstances.
2/4 Economic Value of a Human Life
(Measuring Premature Death Loss)
2/4/1 Preface.
2/4/2 Capitalization of income approach.
2/4/3 Needs approach.
2/4/4 Loss-to- business approach
2/5- Questions for review and discussion.
Life21/life/life08
18
Life Assurance
As a Social and Economic Device
2/1 What is life assurance?
2/2 What is the life assurance policy?
2/3 The principle types of life assurance
policies.
2/3/1 Term assurance.
2/3/2 Annuities (pensions).
2/3/3 Professional policies.
2/3/4 Group life assurance.
2/3/5 Industrial life assurance and
friendly societies.
2/3/6 The growth of life risk experience
introduce new classes of risk.
2/3/7 Insured values as a guide to the
financial circumstances.
2/4 Economic Value of a Human Life
(Measuring Premature Death Loss)
2/4/1 Preface.
2/4/2 Capitalization of income approach.
2/4/3 Needs approach.
2/4/4 Loss-to- business approach
2/5- Questions for review and discussion.
Life21/life/life08
18
