Daily press. [volume] (Newport News, Va.) 1896-current, 1908-08-16
Lloyd System Insuses Any Old Thing

: and the prospective customer giving
such assurances the policy agaihSt
TAFT mry be issued.
II, on the other hand, stand
!. patter' who may be interested IN a
tin plate mill or some other form OF
industry applies for ii policy TO take
care Of him In his old age in case the
COmmoner goes TO the White House,
he must go through the form OF being,
deeply Srncerned.
One OF the earliest examples OF POI
litical insurance known on this SIDE
OF the water occurred In the last
Presidential campaign. man VINO
had wagered $4,000 against Parker
said he did not see any way IN whlch
ne could lose unless Mr.. Roosevelt
dropped dead. 1t was at the sugge5-
ton # friend that he insured him.
self with the I.loyds even against
"this remote future possible contin-
xency." The premium on the $4,000
policy was small and he enjoyed peace
of mind up TO the night of election
day.
Might Insure Bryan's Voice.
The same plan might be applied all
through this campaign. Policies COULD
be written against Mr. Bryan's voice
giving out or against Mr.. Taft perish
ing from hamilton.
Taking Icing chances with fate has
been The trade of the Ll"yds Tor cen
turtles. and such u thing as guarantee
ing an American election seems
strangely simple to the UNDERWATER
OF the adventurous class. They VIII
not, however. act as ioOkmakcrS. Al
though they are perfectly willing tol
insure a horse against death. they can
not or will not pay on the contlngchc!
of his walking in" They will payi
for a lroken leg. but will not specn-
late as to the outcome OF horsel
race, provided the animals concerned
are not supposed to be involved my
any calamity.
There was an instance only few
days ago when insuranc" was taken
out against rainSlorm. and the
chances were accepted by a group OF
underwriters in London. who accepted
the risk in the most matter OF fact
way.
There is practically no risk except
horse racing and the turn OF rou-
lettc wheel which the Lloyds will not
nut down on their books. A man
may be insured for $4,000 against
molesting his mothcr-in-law.
LIoyds Take the Risk.
There was an actual case where an
Engishman had a legacy of $lO0,ooe
due him on the death Of his mother
in,law, then old and intlrm. on the
condition that he did not modest her.
He wished to realize $4,000 In adj
vance, but the money lenders. tearing
that he might take 4 notion to throw
his relative out of window, refused
to make the loan unless they obtalh
ed a policy against that contingency.
The Lloyds, after making careful In
ouiry as to the age and disposition OF
the mother-ln-law and son-in-la",
granted a policy fer a comparatively
: small, slim, and everybody cOncerned'
was happy.
II was no joke of the English comic
weeklics that families are insured
against twins. for the Lloyds will
slidly accept Sc commonplace risk.
There is also the familiar case OF the
insurance the Lloyds gave on the h1e4
OF an Eastern potentate who had CIV
en- StOO. 900 note for Jeweller thought
the chances CT collecting from the
successor of the monarch were re-
mote he protected himself with the
kindly assistance of the insurance
company.
Brokers in this city have made ar
engagements for a mdke rapid inter
change of IDEAS about politics with the
Lloyds in the event OF the ne" S'Sre
election betting becoming more pop
ular as the campaign wakes III
warmth.