Disability Benefits in Life Insurance Policies

This paper is a brief description of prevailing practices in underwriting the disability hazard as an incident to the issue of life insurance policies. It offers nothing original but is intended primarily to be of assistance to students who may feel disposed to gain some acquaintance with this subject but whose interests do not lead them into a study of its technical refinements. An attempt is also made to summarize the history of the disability clause and to interpret in a few words its economic significance.