Chapter 1:  An Emerging Market
An Emerging Market

The important points addressed in this lesson are:

Major benefits of a life insurance policy
Historical development of the insurance industry
The concept of cash values and endowment at age 100
Factors leading to a distortion between a policy's cash value and its true market value
Emergence of a new market in life insurance

Development of Insurance
"Distorted Values"
An Emerging Market
Chapter 1 Review Questions