Show The perilous condition of King Edwards Ed-wards health has called to public attention at-tention a singular feature of life insurance insu-rance in Great Britain I seems from the dispatches that life Insurance there may be made and Ii made in his case n mere gamble Thus while he himself him-self has life Insurance policies amounting amount-ing to 3000000 in English companies other persons who have nothing of what In this country Is called an Insurable Interest in him have taken out five times as much so that the Insurance companies face liabilities amounting to 21000000 In case of his death I seems that anyone can go into this gamble and by playing for the Kings death and paying the per cent demanded demand-ed can make what amounts practically to a hot that tho King will die while the companies bet that he will live and this game to bo renewed year hy year Life insurance companies In this country coun-try expressly bar this sort of thing as it Is not business and it Is well that they do for accumulations of liability such as attach in this case might sweep away even the largest practical accumulations accumu-lations of surplus and reserves |