19 NOVEMBER 1910, Page 26

Practical Advice about Life Assurance. By William Schooling. (Constable and

Co. 2s. 6d. net.)—Mr. Schooling urges upon his readers the duty of insuring, and he gives some excellent advice on the way in which this is to be done. If he had put his conclu- sions separately, he would have helped his readers considerably. It is not every one who will be able to deduce rightly from the arguments, necessarily somewhat complicated, which are here set forth. He advises, we see, "Limited Premium Policies," and does not advise "Endowment Policies." He laments that people insure in inferior offices when they might go to good ones. For this the commission system is to blame. On the whole, we are inclined to think that the long-liver is not sufficiently rewarded. The ideal state of things would be that no policy should receive a bonus till it had paid for itself. Competition stands in the way here.