It may be observed, sir, that other commodities are the peculiar product of different countries, and that there is no danger of losing our other trade by suspending it, because it depends upon the excellence of our manufactures; but that insurance may be the commodity of any country, where money and common honesty are to be found.

Insurance may be all serene, But the insurance JOHN must measure Is safety on all roads marine For him, his men, his food, his treasure.

Social insurance is the term most frequently applied to the various institutions and plans provided, more or less under the regulation of law, for the protection of the lower-paid workers in most modern countries.

Finally, unemployment insurance, which has already been applied by parliamentary legislation in Great Britain to a group of nearly 3,000,000 wage-workers, is an indispensable and highly hopeful measure of relief.

Insurance is the act of providing a guarantee of indemnity against a financial loss that will result if an event of a specified kind occurs.

Life insurance is that form of insurance in which partial indemnity is provided for survivors against the financial loss incurred by the death of the insured.

# Property insurance is mainly an aspect of enterpriser's cost, whereas personal insurance is more closely connected with the object of saving.