The Baltimore Underwriter Volume 48; A Monthly Publication Devoted to the Interests of Insurance
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The Baltimore Underwriter Volume 48; A Monthly Publication Devoted to the Interests of Insurance

The Baltimore Underwriter Volume 48; A Monthly Publication Devoted to the Interests of Insurance


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About the Book

This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1892 Excerpt: ...was not even blistered. The quiet stream of water on them saved them and the inside.--How the pressure was obtained is not mentioned. This would be an important consideration in lofty buildings.--Fairplay. On May 25, 1847, the day on which the Penn Mutual Life Insurance Company began business, it issued to Mr. Benjamin Homer, of Philadelphia, policy No. 2, at age 31, in the sum of $5,000.00, upon the Ordinary Life plan, at an annual premium of $121.50. Mr. Homer died July 28, 1892, aged 76, having paid total premiums of $5,589.00, less annual distributions of surplus amounting to $3,452.76, making the net cost $2,136.24, or $9.29 per thousand per annum. The average dividend was 62 per cent and the surplus for the year 1892 was $92.05--76 per cent. The cost of his insurance per thousand at ace 76 was but c.8o. THE NEW YORK LIFE'S "SURPRISE PARTY." During the absence in Europe of President McCall, of the New York Life Insurance Company, arrangements were made by the executive officers to signalize his return by a " surprise party" altogether unique in character and scope. The plan was to limit the invitations to the thirty-five agents who should send in the largest amount of new business for the months of September and October. They were divided into four classes, five to come from a " selected " class, five each from two " record " classes, and twenty from a " field " class. Of the last, ten were to be taken from those who obtained the largest number of applications, and the other ten from those who reported the largest amount of business. The business in all cases meant business actually settled, policies issued and paid for. The winners were to be invited to New York to welcome the return of the Presi...


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Product Details
  • ISBN-13: 9781130404296
  • Publisher: Rarebooksclub.com
  • Publisher Imprint: Rarebooksclub.com
  • Height: 246 mm
  • No of Pages: 24
  • Spine Width: 1 mm
  • Width: 189 mm
  • ISBN-10: 1130404293
  • Publisher Date: 01 Mar 2012
  • Binding: Paperback
  • Language: English
  • Returnable: N
  • Weight: 64 gr


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The Baltimore Underwriter Volume 48; A Monthly Publication Devoted to the Interests of Insurance
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