The herald., 1898-05-17
OFFICE OF THE HERALD,
LOS ANGELES, May IS, 1898.
..strons reasons make strong actions"


'.strong reasons make strong actions"
War Accident Insurance
A new feature In accident insurance has
been brought prominently forward by rea-
son OF the existing war. Large numbers
OF the men who are going to the front
have been accustomed. to the benefits of
accident insurance, and the effort that has
been made to carry this protection as far
ps reasonable has resulted in the making
of some concessions or the part Of the
leading companies. which are of so unu-
sual a kind that they have naturally
caused considerable comment. The mat
ter is thus referred to by the New York
Post. which says:
For the first time in the history of the
business in this country, accident insur-
arce companies are considering the protec-
tion OF policy holders exposed to the haz-
ards Of war. Officers Of some of the lead
Ing companies in this city In response to
many requests for such indemnity have
agreed to provide at once for the new
hazard. Most Of the war-risk clauses
cover accidental injuries Qatal or other
wise) not caused by the enemy. One or
two provide for service in the army only,
although 1t Is not believed that the haz-
ards Of naval warfare are greater. The
secretary of one of the companies ex-
planned the omission by saying that COM
paratively few policy-holders were in the
navy. and In order to simplify matters the
risks of army life alone were covered"
THE PREFERRED ACCIDENT.-Pol-
Icy holders of the Preferred Accident
Insurance Company OF New York were adj
vised to-day as follows: Holders Of poll
Giles in force April 81, 1898, who enlist as
volunteers in the United States army will
be fully covered under such policies
against accidental injuries, fatal or nom
fatal received within the United States
while in camp, on the march, or travel
ing by railway train or steamboat. pro-
viding such injuries are not received in
battle, or caused or contributed to by the
enemy.
"KIMBALL C. ATWOOD, Secretary"
THE FIDELITY AND CASUALTY COM
PANY protects policy holders by at
taching this clause to policies: This poll
cy, subject otherwise to all Its terms and
conditions. is hereby extended to cover ac-
cidental injuries. fatal or otherwise, re-
ceived by the assured while as a member
Of the United States volunteer army he is
In camp, on the march, or travelling on a
railroad train or any vessel propelled by
steam, provided always that injuries fatal
or otherwise received in battle or in any
other way whatsoever, caused by the enc
my or in presence of the enemy or within
the lines of the enemy, are not covered"
THE CENTRAL. ACCIDENT INSUR-
ANCE COMPANY of Pittsburg stpu-
lates that In case OF death or loss of limb.
or the sight Of one or both eyes, 1t will pay
five times the total premiums which the
policy-holder has paid into the company
The company has also decided to credit
on the first premium that may be due and
payable from the insured, after his re-
turn to civil business, all the unearned
premium on the policy now in force chat
is, for time covered by war service), and
also agrees to enter on any new policy is
sued to the insured all the Accommodations
he may be entitled to by reason Of past
patronage.
Nearly all the privileges are granted with
out extra charge in the belief that the
added cost to the companies will be insig
nificant. or that service in any event will
not be long or very hazardous. Some Of
hcers, however, are much concerned over
the matter, and intimate that the venture
may be attended with serious results.
President PATTERSON Of the
TRAVELLERS INSURANCE COMPANY
IN circular upon the subject says: 1.-The
methods of modern warfare are not in line
with any past experience which is safe
guide to probable results. The destruction
Of q modern battleshtp il a disaster fear
full to contemplate, and the hazards on
land in a tropical climate will be likely un-
der present conditions to add new expe-
riences to the history Of war on this con-
tinent. We cannot expect anything less
than a considerable impairment of very
many risks already on our books, and we
must not undervalue the hazards we are
about to assume. The patriotic spirit
which has prompted the insurance compa-
MES to imperil their money with those who
imperil their lives Is to be commended.
Hitherto the war risk has been considered
as q hazard too great to be assumed on
any terms; but now, when the hazard
has been multiplied by all the scientific
and ingenious devices which the minds
Of men could conceive, the risks are freely
taken, and we are likely to have some les
sons in the field of experience which will
be instructive to those who come after u.s."
One or two Of the companies will prob
ably add a high premium for covering
other than accidental injuries not caused
by the enemy" although such protection,
1t is thought, could only be offered on a
limited basis Admiral Dewey's victory
has tho effect of making underwriters less
fearful about such matters, and some Of
the accident companies are pushing their
business on the new plan.