Equitable Assurances: The Story of Life Assurance in the Experience of The Equitable LIfe Assurance Society 1762-1962, 1st Edition (Paperback) book cover

Equitable Assurances

The Story of Life Assurance in the Experience of The Equitable LIfe Assurance Society 1762-1962, 1st Edition

By Maurice Ogborn

Routledge

304 pages

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Description

The original establishment of life assurance upon a sound basis was largely the achievement of The Society for Equitable Assurances on Lives and Survivorships (now known as The Equitable Life Assurance Society and still affectionately called the 'Old Equitable'), and of the men who served her.

Old Equitable was the first life assurance society to grant long-term contracts for either a stated period or the whole of life, with premiums calculated according to age and type of assurance. Published in 1962 to mark this Society's bicentenary, this book charts its long history in a way that will interest not only those actually engaged in the assurance business, but any intelligent policy holder to whom perhaps the mechanics of life assurance is still a mystery.

This book traces the development of life assurance from untried theory into established practice, through the interplay of ideas of many individuals. Their activities, ranging far beyond the quiet walls of a life office, are part of the stuff of history. It tells the story of how James Dodson's vision of mutual life assurance became realized in the pioneer 'experiment' of the Equitable.

Table of Contents

1. The genesis of life assurance

2. The struggle for incorporation

3. Mutual life assurance is born

4. Early days

5. The dispute with subscribers

6. The new regime

7. Richard Price, DD, FRS

8 The foundations of prosperity

9. A time for rebuilding

10. The Tredegar family

11. Flood-tide

12. The defences hold

13. Autumnal glory

14. The ebb-tide

15. The seething pot

16. The ending of restrictions

17. Expansion in modern times

Subject Categories

BISAC Subject Codes/Headings:
BUS000000
BUSINESS & ECONOMICS / General
BUS023000
BUSINESS & ECONOMICS / Economic History
REF000000
REFERENCE / General