LIFE INSURANCE.
“Life insurance is not ft matter of individual 'betting,”'writes Mr Charles Eason ; “it is phased entirely upon averages. Mortality tables show the expectancy of life, and on the basis of this a number o'f people come together in sufficient numbers to give a fair average. ’Phis is why the largo insurance companies have such an immense pull over small ones. Tin element of chance is altogether absent from life insurance taken as a whole. Nothing can get rid of the uncertainty of individual lives; hut cverv individual derives a benefit from the first day he insures, and the Insured persons who live long get an appropriate benefit from their continued existence. There is an absolute fairness of exchange between the person and tlie life insurance society-
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Hokitika Guardian, 20 June 1928, Page 3
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128LIFE INSURANCE. Hokitika Guardian, 20 June 1928, Page 3
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