Sold, Not Bought
- ... but you know there is a saying about life insurance, that it's sold, not bought.
- And something similar can be said about a fair amount of lending activity.
2010 0528 - FCIC - Interview - Transcript - Larry Summers - 80p
- (p285) - J. B. Ecclesine, editor of The New York Underwriter - So long as life insurance depends on the persistent canvassing of agents, there must be a liberal allowance made for waste policies, and as the, business is purely voluntary, you may rely on it you would have very little life insurance to superintend, if the active work of soliciting agents were discontinued.
1871-2, NAIC Proceedings (fka National Insurance Convention) --- [BonkNote] --- 657p