Show take a lesson from insurance there is a growing tendency to cut out waste and inefficiency in manufacturing production and distribution and to simplify and standardize every possible operation industries which teel feel that they cannot standardize or simplify their operations erat ions might take a lesson from insurance su rance in the lines in the standard fire insurance policy there are approximately 1920 words remarkably few considering that upwards of worth ot of property is under the protection of stock fire insurance companies alone when hen one considers the variety 0 of risks which fire insurance must cover and considers the number of legal problems involved it would seem like an impossible job to draw a contract ot of so lew few words which is applicable around the world IV p mallalieu general manager of the national board of fire underwriters points out that people do not buy anything when they take out insurance but enter into a definite contract every person taking out insurance should read his policy it is doubtful if one person in a hundred goes to this trouble the fact that there is so little controversy over insurance claims which are not of incendiary origin speaks volumes tor for the carefulness and the fairness with which this contract between the insurance company and the insured is drawn |