Statistics as to the Mortality Experience among Assured Lives engaged in the Liquor Trade

Extract

That the subject of the extra risk incurred by dealers in intoxicating liquors is still open for discussion is evidenced by the fact that, on inquiry at over thirty of the principal Scotch and English Life Offices as to the rates of extra premium charged for assurances on innkeepers and publicans, it has been found that the practices of the various Offices in treating such cases differ so much and so widely, that to give a table showing the results of the inquiries would almost necessitate the practice of each individual Office being detailed. Some offices, it appears, charge no extra premium on either innkeepers or publicans, while one or two other Offices will not, as a rule, entertain proposals on either class of lives. Some Offices, again, charge no extra for innkeepers, but a very considerable extra for publicans, while others require the same extra from both classes—such extra varying from 10s. to 20s. per £100. A few Offices charge 10s. for innkeepers and 20s. for publicans, while one or two others make the extra take the form of an addition to the age, varying from five to seven years for both classes.