Abstract
Industrial life insurance is merely life insurance, sold in small policies, the average Industrial policy being somewhere between $200.00 and $250.00, and with a premium which is ordinarily payable in weekly instalments and collected at the door. It is adapted to the needs of those who cannot buy the ordinary forms of life insurance, but who wish to provide either for the protection of their families or for the expense of their burial. Any life company can write it. There were in I932 some 79 companies listed as having Industrial life insurance on their books. Some of these, to be sure, had only a nominal amount; but while three companies write the greater part of the Industrial business, there are others who write it actively and, in very fair amount.
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