Excerpt from The Coast Review, 1894, Vol. 46: A Monthly Journal Devoted to All Kinds of Insurance That Insures The personal hazard, or what you call the moral hazard, has been ignored in the general scheme of rating. And I think there can never be any successful Universal Schedule Which does not contemplate the personal hazard, or which leaves out of account the legal aspect of the policy, as a personal con tract, insuring the man and not the property. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.