Tuesday, July 24, 2007

Experts in insurance tell me that in war time certain policies



are written so as to be scaled down automatically when the
holder goes under the colors
Experts in insurance tell me that in war time certain policies
are written so as to be scaled down automatically when the
holder goes under the colors. Some are invalid in time of war,
and some have the clause of free travel greatly abridged. A few
are written to apply to all conditions, but on these the rates
of premiums would naturally increase. Companies generally
refuse to pay under conditions not nominated in the bond, and
in general all policies are automatically reduced to level of
war policies when war begins.


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