Insurance News Volume 39

Insurance News Volume 39

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This historic book may have numerous typos and missing text. Purchasers can usually download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1917 edition. Excerpt: ... Agency Protection Fund of the General Agency. Mr. Bristol is a well-known speaker on insurance topics, and recently said: "Business men generally are convinced of the value of fire insurance. Fire, however, causes only a partial loss in most cases. Yet the same men neglect to carry life insurance when their death would result in a total loss. The high cost of living can be used as an argument for increasing the amount of insurance carried by a prospect. Several years ago the same amount of money would purchase more necessities of life than could be purchased today. Hence the necessity of additional insurance to cover the increase." This is well said and could be used by the men in the field with splendid effect. The Bristol Agency has insurance in force of over one hundred and eighty million dollars; only nineteen life insurance companies out of a total of 257 companies report a larger amount of insurance in force, so you can readily see that this single general agency is larger than 238 life insurance companies. A great record. Mr. Bristol's success in the great business of life insurance is summed up in three words--Efficiency--Character--Energy. Mr. Bristol is one of the grandest figures produced in the history of life insurance. THE BALKAN NATIONAL. Fire reinsurance only is transacted in this country by the.Balkan National of Sofia through its United States department at Hartford, Conn. Wm. C. Scheide & Co. are the United States managers. The company's statement of December 31, 1916, shows total assets of $2,637,012; unearned premium reserves of $1,436,130; deposit capital of $200,000, and policyholders' surplus of $806,766. The Balkan National transacts a good business in the United States. The statement appears in...show more

Product details

  • Paperback | 30 pages
  • 189 x 246 x 2mm | 73g
  • Rarebooksclub.com
  • United States
  • English
  • black & white illustrations
  • 123674540X
  • 9781236745408