Analyzing Life Situations for Insurance Needs; The Case Method

Analyzing Life Situations for Insurance Needs; The Case Method

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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. 1922 edition. Excerpt: all those relations of life in which selfcontrol, care and foresight are required. The spendthrift exercises little or no self-control in one of the fundamental things of life. Of course, money in itself is nothing. But the right use of money means much. The young man who saves is, through self-control, building for himself a position in which he may later control many different things--a business, better education, enjoyment of the greater values of life, even the opportunity to be charitable and generous where gifts will do the most good. Saving develops careful habits, because saving requires careful spending. The spendthrift is likely to be careless in many things, for he has developed a habit of carelessness in one of the fundamentals of life. LIFE INSURANCE PROVIDES AN ESTATE This young man has no estate. Life insurance is an estate, purchased on the longtime installment plan with a guarantee that unpaid installments will be canceled at death. It is a remarkable thing that, without a dollar, the young chemist may at once, by signing an application (to be approved by the company), and making the first installment payment, become the owner of an estate which under certain conditions may do as much for him as an estate of equal amount and composed of first-class real estate, stocks and bonds, which a wealthy father might have left nim. Every man needs an estate. The mau who has no estate is in the same situation as the savage, in one sense, i. e., he is living from day to day. Even though he earns thousands of dollars every year, if he has accumulated no estate he is, in a very real sense, living from hand to mouth; and in case of death, total disability or old age, will be no better off, practically speaking, than the improvident savage more

Product details

  • Paperback | 44 pages
  • 189 x 246 x 2mm | 95g
  • Miami Fl, United States
  • English
  • black & white illustrations
  • 1236635566
  • 9781236635563