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NEW DEPARTURE IN COUPON INSURANCE. STARTLING INNOVATION. It has always been our aim to introduce into the SOUTH WALES STAR such various features as have undoubtedly tended to make it widely popular; and we now announce a special feature which, while of novel departure, will, we think, com- mend the paper still more to the public. We have concluded a contract with the General Acci- dent Assurance Corporation, Limited, having its Chief Offices at Perth, and at 4, Abchurch Yard, London, whereby £ 10 WILL BE PAID by the Corporation to the legal representative of any person killed by an accident or fatally injured thereby, should death result within one month after such injury, while f, passenger on any rail- way, steamboat, tramway, omnibus, or other public oonveyance. or while on any street or public road, within the United Kingdom, as a PRIVATE INDIVIDUAL, and the like amount will be paid to such person should the injury not prove fatal, but cause the loss of sight, or of a limb or limbs, or the fracture of an arm or leg and z!l zCS WILL EE PAID to any person who shail sustain a fracture of the arm or leg while engaged in playing football or while cycling Provided that the person so killed or injured shall be the owner of the SOUTH WALES STAR of the current week containing an insurance coupon, with his or her usual signature written in ink therein. The idea of giving insuranc3 by purchase of a paper was first conceived by a popular magazine in 1885, and immediately thereafter the Railway Passengers Insurance Company, and the General Accident Assurance Corporation, formulated the now familiar coupon system. The latter Company was doing an extensive business in this connec- tion in 1S87, when the Government made a claim against them for stamp duty on the ceupons. Acting under the highest legal advice, the Corpo- ration resisted the claim, urging that the coupon was merely a statement to the effect that an insu- rance had been effected, formulated for the pur- poses of identification, and to minimise the risk of imposition and fraud. The resistance was so far successful as to compel the Government to bring in a Bill making it obligatory on all insurance companies to pay a duty of 5 per cent. on the coupon premiums. Immediately this point was made, all the companies who had previously been lacking in the necessary courage to oppose the Government, united in competing for this class of business, now that the way had been shown to them. Coupons have, however, been hitherto, in general, limited to railway accidents, and that for death only. A recently published Parliamentary return gives the number of persons killed and injured on the railways in the United Kingdom during 1890 as 918 KILLED AND 8,971 INJURED. Great as this number is. yet, having regard to the hundreds of thousands who travel upon the vast network of railway lines in the United Kingdom, it is an obvious reflection that railway travelling, as compared with the dangers of the streets, is by far the safest mode of progression. It has seemed to us and to others that a system of insurance which would give some compensation to those who meet with ACCIDENTS IX THE STREETS, I and afford a welcome contribution towards the in- evitable expenses of such mishaps, would be a boon to the public at large. Hundreds of men, week in, I week out, from year's end to year's end, travel by railway, 'bus, or tram to and from business, who have not insured their lives or provided in any way against accident. The possibility of how to extend to these some modicum of protection is naturally hedged about by a great many diSiculties but at least the benefits which we have now placed within the reach of the purchasers of our paper are such as could only be obtained from the com- pany direct by paying more than the price of the paper. Football, which is a national game, is, by reason of the fervour with which it is played, attended with more danger than any other pastime, if we may judge from the number of accidents from time to time reported. Having regard to the enthusiasm which it invokes in these districts, the circumstance that our insurance coupon pro- vides also for the INSURANCE OF PLAYERS of this game cannot fail to command cordial ap- proval It is noteworthy that football risks have ordi- narily been regarded byaccident i nsuran ce companies as necessitating higher premiums, or indeed as un- desirable, and this has led to the institution of a Football Insurance Union. But while the insur- ance in this journal is limited to one coupon for each holder, it is not invalidated by any insurance, other than coupon, with any Accident Company, but is in addition thereto. It is hardly necessary for us to dwell upon the fact that cycling, like everything else, has its dangers, but to use an Irish expression only more so," and the same benefits are extended to cyclists as to football players.