The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1854-08-16

ARE You INSURED THE necessity Of in
surance, whether for life or against fire, Is ex-
empliAed every day by the deaths of heads OF
families, or the destruction of property by the
devouring element. 1t is duty every man
owes his family, that he not only protect its
members from poverty, but provide beyond
contingency an adequate support for those he
leaves behind. By the report Of the Comptrol-
Ter of the State of New York it appears that
more than half q million dollars have been PAID
within the preceding year to the survivors Of
those whose lives were insured, and that in
most of the cases the recipients were destitute
widows and orphans. This proves the immense
.nae~At of lifn insurance business transacted
with an extended appreciation of its benefit,
and that money paid into insurance companies
is not lost, but is SO much gathered into the
gamers Of safety and 0isbursed, when by
death it shall be called for to supply the needy
ard the homeless. 1t is gratifying to observe
60 large an increase in this description of in
vestment, aud manifestly growing desire to
secure through this medium comfortable lv-
ing to surviving relations.
Every man of family should be insured. and
the poorest amongst US can afford to do 30; but
unfortunately too many wait until the fell de-
stroyer lays his cold hand upon the mortal
fame, and then they feel the curse Of having
procrastinated the intention to insure till Is
had become too late. The btterest agony to =
dying man is the thought that the objects Of
his affections, his wife and children. are un-
,,rcy;1o1 for. 3h;c ao5 xoAoo&;or am Yo x-.~,~c.
ed by life insurance, "He that provideth not
for his own is worse than an inddel."
We have heard ofmany striking instances Of
the utility of life insurance. A merchant In
Brooklyn insured his life for $1,000. ayable to
his wife and children. He died of cholera, and
his wife soon followed him to the grave, leav-
ing three orphan children with nothing but the
$4,000 to feed clothe and educate them. This
sum. judiciously expended, will sustain them in
comparative comfort, instead Of having to de-
pend upon the cold hand Of oharity-extended,
perhaps from an almshouse. Another person
premium, something about SO. He died Of
cholera, and his wife was thus secured this I'D
dition to an otherwise scanty support. We
need but mention one more, which came within
our own knowledge. A gentleman once con-
nected with the New YORK HERALD insured
his life for $4,000, and bad paid the prem um for
little over one year. when, on his way to Cali
iornia, he was stricken down, in the fuli vigor
Of his manhood, by the unsparing hand of
death, leaving widow and three children The
insurance company with whom the policy Was
Effected promptly paid the $1,000 to the execa-
tors, waving the sixty days notice to which
they were entitled, aud without waiting for the
usual forms or medical certificate OF death.
As to the necessity Of fire Insurance we need
but point to the fact that many millions of pro-
perty are yearly consumed by fire in New York
alone. Every day brings some new illustration
Of the utility of insuring against loss by fire.
Insure, we say--insure.
WHO WAxrs CRYSTAL PALACE THE di.
rectors of the unfortunate Crystal Palace have,
we understand, decided on selling it for some
thing Ike $4,000 including the iron fence
which surrounds it. Capitalists will at once
perceive the eligibility Of the Investment 1t
might be made winter garden, or grog shop
"A grand bazaar in the Eastern style, or a