Excerpt from Studies in Practical Life Insurance: An Examination of the Principles of Life Insurance as Applied in the Policies, Reports, Agency and Office Methods of the New-York Life Insurance Company Legal requirements 49 Limitation of expenses 50 Assumed mortality gains 50 Select and ultimate method of valuation 51 Ascertaining the expense rate 54 Ascertaining the interest rate 55 No dividend earned in first year 56 This result foreseen 57. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.