Tribute to Life Insurance Awareness Month: Intro to life insurance
By Steve Savant
Ash Brokerage Corporation
Sir Edmund Halley (of Halley comet fame) was also an accomplished mathematician who developed the first actuarial table at the turn of the 18th century. Our present 2001 CSO tables still bear the imprint of his work. The industry prices its premium on the law of large numbers. But how much life insurance is necessary is solely based on an individual. Steve and consumer reporter Kassie Rohde introduce life insurance to morbidity agents, registered representatives, advisors and bank officers.