Investing · Entrepreneur memoirs
Samuel Smiles:Thrift, Excerpt 239
Samuel Smiles《Thrift》· Thrift · Investing
The person who joins an assurance society is in a different position. His annual or quarterly saving becomes at once a portion of a general fund, sufficient to realize the intention of the assured. At the moment that he makes his first payment, his object is attained. Though he die on the day after his premium has been paid, his widow and children will receive the entire amount of his assurance.
Source:
https://www.gutenberg.org/ebooks/14418
Locator:Excerpt 239 · Verified:2026-10-19 · Verification:Short excerpt
Today's question
Does this passage change one judgment about money or risk today?
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