. Coast review. OS X-T -5 05 OS ?-• i~ in « — ?* to X 0 00-^1(5 O^i; tD_^ toco^— in crxf- ^ ^- r- — X tc -T C-. X t-^ 2_ CO « — -51 (5? 5* 5 — ^ tc -c 1(5 3 CO X ::5 l~ C- O! — -Ji 1~ o OQ to TJ o» — to 55 1—CO — Ci ^_^n T*^ in-+-)• si co-tcoX to — oj — -T s—_^to_o 5> in_c^i-to in CO 5> — CO — t- CJ OS t- I- in coo<—O toiOTfeoN-^ W H 6 <) < fa o S 12; 55 ^ j^ A n Ph *^ ^ ?^ ^ ^ ^ c? ^ < D^: J •a « J ^ s < -? d K 5 -^ g i ^ Tug Coast I\eview. 2^g. Surrender Charge in Life Insurance. There certainly is ;ui equity soiiunvhore in thissurrender churye matter, but so Car n
. Coast review. OS X-T -5 05 OS ?-• i~ in « — ?* to X 0 00-^1(5 O^i; tD_^ toco^— in crxf- ^ ^- r- — X tc -T C-. X t-^ 2_ CO « — -51 (5? 5* 5 — ^ tc -c 1(5 3 CO X ::5 l~ C- O! — -Ji 1~ o OQ to TJ o» — to 55 1—CO — Ci ^_^n T*^ in-+-)• si co-tcoX to — oj — -T s—_^to_o 5> in_c^i-to in CO 5> — CO — t- CJ OS t- I- in coo<—O toiOTfeoN-^ W H 6 <) < fa o S 12; 55 ^ j^ A n Ph *^ ^ ?^ ^ ^ ^ c? ^ < D^: J •a « J ^ s < -? d K 5 -^ g i ^ Tug Coast I\eview. 2^g. Surrender Charge in Life Insurance. There certainly is ;ui equity soiiunvhore in thissurrender churye matter, but so Car no one scornsto have reached it, to the general acceptation. (1)Every one agrees that in going out of the companyin advance of the normal termination of his con-tract a i:)remium-paying meinber deprives those va-maining of the advantage of his promised contribu-tion to future expenses and contingencies, asexpressed by the loading on the premiums. (2)And it is probable that the lives remaining mayafter a time deteriorate and fall below the average,since it must be assumed that impaired lives willnot as a rule retire from the company, and thus aloss be incurred for which the persistent membersshould be compensated. (3) Then it is also con-ceded that a measurable disadvantage i-esults fromthe disturbance of invest7Tients or from the neces-sity of keeping a supply of idle money or highlyconvertible low-interest-boaring assets to meet thecalls for cash surrender values.
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Keywords: ., bookcentury1800, bookdecade1870, booksubjectminesandmineralresou
