The Record, Vol. 2 (Classic Reprint)

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Excerpt from The Record, Vol. 2Office to care for the matured coupons, both' through the regular books of the company and in calculating the reserve on such as have not been surrendered. The difference be tween the rate of interest allowed on coupons when left to accumulate or applied to purchase paid up additions and the rate of interest which can be realized by a company is not too great a recompense for this additional trouble.Special forms of policy are apt to be boomerangs to any company, stimulating production only temporarily' and later being more easily twisted or misrepresented by agents of competing companies. The simpler the form Of contract and the simpler the benefit guaranteed, the better is the policy for both the insured and the company. The popularity of the coupon policy seems to be on the wane.About the PublisherForgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.comThis 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.