GOOD WEATHER INC. will offer tourists the first insurance against rain on European tours. Introduced by Scandinavian Airlines, each day of the 16-day tour is divided into three six-hour segments. The first eight rainy periods are deductible, but after that a policyholder collects $5 for every period in which it rains.
FIRST INSURED TUITION plan for college students will be offered by Prudential and 45 banks. A father can buy a policy while his child is in grade school. If he or his child dies, double indemnity is paid on the face value of the policy. Otherwise the parent receives money...