MTHEL 131- Final Exam Guide - Comprehensive Notes for the exam ( 76 pages long!)
28 Mar 2018
School
Department
Course
Professor
Document Summary
$ that will become available to continue the standard of living for dependents: majority of life insurance policies sold is put on a mom or dad life insurance industries exist to address 3 primary financial concerns of. If not, martin would pay 8% return on 383: gybbons died within 12 months, why did it take so long to start life insurance company, 1. Lack of knowledge of death rates for commercial purposes: need mortality tables, could(cid:374)"t effe(cid:272)ti(cid:448)el(cid:455) pri(cid:272)e i(cid:374)sura(cid:374)(cid:272)e poli(cid:272)ies, 2. Plague and pestilences: ebola, h1n1, bird flu, black death (killed a lot of people, 3. Gambling: very common to wager on possible date of death, religious and uneducated masses, given sermon of gambling is a sin. 2: social barriers of life insurance (since it was considered gambling, petition failed, people continued to lobby: 1762 legislation was passed, the old equitable: first life insurance company, mozart, 1759: north america (the new word), immigration from.
