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Focusing on the challenges faced by policyholders, this book critiques the life insurance industry in the 19th century. Carpenter's letter to Gladstone exposes unfair practices by life insurance companies, including high premiums and unjust claim denials. He warns of the dangers posed by risky investments made by these companies, which can jeopardize policyholder finances. Advocating for increased regulation, the work serves as a vital commentary on accountability and protection within the life insurance sector, making it a significant historical analysis.
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The Perils Of Policyholders, And The Liabilities Of Life Offices, William Carpenter
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- 2010
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