Transport: Sky Insurance

Before automobile and airplane accidents crowded railroad wrecks off front pages ticket agents did a good business passing out $5,000 insurance policies, covering death and disablement and good for one day's travel, at 25ยข apiece. Now, so phenomenally safe are railroads, fewer riders bother to insure. But air travelers with no such feeling of security are anxious to insure beyond their ordinary life insurance, and insurance groups have long pondered what rates they could make to obtain this potential new business. Last week, Air Transport Association of America announced a new $5,000...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!