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February 16, 1946

The Great Stewardship: A Story of Life Insurance

JAMA. 1946;130(7):464. doi:10.1001/jama.1946.02870070084036

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Abstract

In the decade that started in 1843 fifteen life insurance companies were founded which are still leaders in their field. Today there are 70,000,000 policyholders in the United States, and the insurance in force amounts to 148 billions of dollars. This book tells the story of the origin and growth of life insurance. A special chapter on health and longevity is of particular interest to the physician. The author is convinced that private management and competition have been largely responsible for the magnificent growth of the life insurance system, but he recognizes also the part played by government regulations and supervision. The final chapter is entitled "Social Insurance Plus Life Insurance." Mr. Atwood feels "there should be no conflict between social security and life insurance, or any other types of security that come from the exercise of personal industry and thrift, unless the benefits offered by social security are so

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