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[Illustration: View of Harrison Road from Howrah Bridge.]
POLICY OF INSURANCE.
I should just like to relate a little episode that occurred in my very
early days in Calcutta, which nearly resulted disastrously for every
one concerned. It will serve, amongst other things, to enlighten
people of the present generation as to the wide difference that
subsists between that time and the present in respect of the treatment
of policy-holders generally by insurance companies. The firm with
which I was then connected were agents of a Hongkong house, and one of
our duties was to pay to the Universal Assurance Company, half-yearly,
the premium on a policy on the life of a man who was staying in
England. I forget exactly what the amount Was, but I recollect it was
something considerable. One fine day I was startled beyond measure by
the receipt of a notice from the then agents, Gordon Stewart & Co., to
the effect that the days of grace having expired for payment of the
premium, the policy in question under the rules had lapsed and had
been consequently cancelled.
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