Abstract
In a former Number we took occasion to direct attention, in general terms, to the unnecessarily high rates of premium charged for life assurance in India; we propose, in the present article, to present our readers with some further observations on the same subject.Everybody who is in the habit of reading the newspapers must have been, if not enlightened, at least amused, by the claims to public support put forth in the advertisements of rival Insurance Companies. Ignorance of the theory and practice of life assurance is, even in England, profound and very nearly universal; but here this ignorance is in no small degree aggravated by the obscurity which is supposed to prevail on the subject of European mortality in India, and by the ambiguous and contradictory statements which continually meet our eye in newspapers and on the covers of magazines.
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