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Excerpt from An Essay on Insurance, Vol. 1: Explaining the Nature of the Various Kinds of Insurance Practiced by the Different Commercial States of Europe, and Shewing Their Consistency or Inconsistency With Equity and the Public Good Io. If we meet not with the approbation of many merchants, who may think we have kept too much in view the old regulations, and laws, and thereby reflrained the liberty of trade; let them reflect, that if the terms and claufes in a policy of infurance were good an hundred years ago, they are the fame now: only-in proportion as our trade in creafes, and is extended, by the multiplicity and dif ference of commodities, things may want explana tion, and proper bounds, and determinations. 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.

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