TEMPERANCE AND LIFE INSURANCE.
TO the editor. Sir,—Mr Spencer admits the truth of my assertion that Life Insurance Companies make a special section for total abstainers, and that it is the most profitable part of their business, but disagrees with the deduction I draw from these facts, viz., that total abstainers live lougor than moderate drinkers. As shewing whit the Insurance Companies say about it I will quote from a little booklet issued by the New Zealand Government Life Insurance Department, entitled " Provision for Old Age or Early Death," page 39, " Temperance Section." Total ahtamen may, ou " taking out new policies in the Depaitmcut, place them in a Temperance Branch, which contains none but policies on the lives of abstainers from intoxicants. It has been strongly urged that the vitality of total abstainers as a class is greatly superior to that of a body of nonabstaiuets. To meet the wishes of persons holding these views the Department opened a temperance section, in which the profits arising from a light deathrate* are divided exclusively amongst those abstainers who adhere to the principles of total abstinence." I really don't see any hint there of the fearful mortality among total abstainers spoken of by Mr Spencer.—l am, etc., P. S. Macmdkb —MEW ■ I«MKMM»*JMJMIIMBfIMMFMWW^^
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Bibliographic details
Waikato Argus, Volume VII, Issue 523, 7 December 1899, Page 4
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210TEMPERANCE AND LIFE INSURANCE. Waikato Argus, Volume VII, Issue 523, 7 December 1899, Page 4
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