Local on Line Insurance Politicies
Taylor, John M.![Local on Line Insurance Politicies](https://support.digitalhusky.com/media/annotations/sorted/187/18777612/CHSBZCOP0318777612.jpg)
Excerpt from Local on Line Insurance Politicies: The Connecticut Mutual Life Insurance Company
Thirty years ago one of the conservative American life companies announced to its representatives that, on satisfactory assignment of its policies, it would make cash loans on them for fifty per cent. of the net reserve.
This radical change of then current methods in the business was solely due to competition, and heralded the host of concessions e...