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INSURANCE GUIDE AND HAND BOOK.

THE

INSURANCE GUIDE

AND

HAND BOOK:
BOOK:

[DEDICATED ESPECIALLY TO INSURANCE AGENTS.]

BEING

A GUIDE TO THE PRINCIPLES AND PRACTICE OF LIFE ASSURANCE;

AND

A HAND-BOOK OF THE BEST AUTHORITIES ON THE SCIENCE.

WITH A HISTORY OF THE INTRODUCTION OF THE VARIOUS BRANCHES OF INSURANCE NOW
PRACTISED;-A POPULAR OUTLINE OF THE LAWS OF MORTALITY;—OF THE CON-
STRUCTION OF MORTALITY TABLES; THE FORMATION OF RATES OF PREMIUM,
WITH THE RATES OF ALL THE OFFICES;—THE DERIVATION AND DIVISION
OP BONUSES; — THE OPERATIONS OF INTEREST, SIMPLE AND
COMPOUND;—THE SURRENDER VALUE OF POLICIES ;-
OF PRACTICE.

AND OTHER POINTS

Together with a Chapter on

LIFE ASSURANCE AS AN INVESTMENT.

CHARLES AND

FLEET

BY

CORNELIUS WALFORD,

BARRISTER-AT-LAW, FELLOW OF THE STATISTICAL SOCIETY OF GREAT BRITAIN, ETC., ETC.

Second Edition.

LONDON:

[blocks in formation]

Econ9528.67
A

HARVARD COLLEGE

JUN 30 1906

LIBRARY.

Price Greentaf fund

LONDON:

PRINTED BY CHARLES AND EDWIN LAYTON FLEET STREET, AND GOUGH SQUARE.

PREFACE TO SECOND EDITION.

THE first edition of some thousands has long been out of print, and requests for a second edition have reached me from all parts of the world. Numerous engagements have prevented an earlier response to those requests.

In preparing this edition I have kept as nearly as possible to the former text. At the same time, the Tables and everything that was necessary to be revised has been revised, down to a very recent date. Thus, all the numerous office changes during the last eight years-the births, marriages, and deaths of the Insurance Offices-will be found duly recorded. The results of Dr. Farr's English Life Table, No. 3, will be found in their proper place. The chapters on Population, etc., in Division II. have not been revised on the last census returns. For the purposes of this work the results of the former census are sufficient.

My present publishers have been as indulgent to me as my former publisher-they have, at considerable pecuniary sacrifice, abstained from seeking advertisements from the Insurance Offices, and from every other step that could in the smallest degree detract from the independent character of the book. It went its own way without fear or favour in its early youth; I desire it to do so now.

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