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" ... lives of those improvident persons, who, in the " disposal of their property, seemed to have as " little consideration for their families as for them" selves; and as the price of an annuity on a life, " however young, very rarely exceeded seven years... "
The Principles and Doctrine of Assurances: Annuities on Lives, and ... - Page vii
by William Morgan - 1821 - 326 pages
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History of the Foundation of the Actuarial Society of America, Volume 21

Actuarial Society of America - Insurance - 1920 - 674 pages
...their families as for themselves. . . ." He adds that " as the price of an annuity on a life, however young, very rarely exceeded seven years purchase,...from the risk of losing the price of his annuity." "The Mathematical Repository" and great-grandfather of Augustus De Morgan) from the probabilities of...
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