Worcester daily spy. [volume] (Worcester [Mass.]) 1850-1888, 1856-04-02

LIFE AssURANoE.--rhe man of twenty. five
years of age, young, strong, full of hope, and
health, and vigor, thinks, perhaps, that he
need not concern himself about life assurance
at present, as he has a long lease of life before
him. Let us see If this is a sound view which
he takes of his Owl position. According to
the now we'll known laws of the value of life
at different ages, he may expect to live about
thirty seven years. Now, how many chances
are there against his continuing regularly to
set aside the annual sum he designs as a pro-
vision for his family, in the event of his de-
cease. when he is not impelled by the fear Of
loss in failing in his engagement with another
party, by the Iormahty of the contract between
them, by the periodical demand of the COM
pauy: IL he hoards his savings, they will
amount to little compared with what an in
surance company would give, and are liable
to be continually encroached upon for trifiing
objects. His grand aim is to improve these
savings much as he ian, with perfect Sc
curly. Is he likely to be able to invest them
from time to time so readily, or so securely.
as a company which receives them from him
in small annual, or even quarterly payments,
and, without trouble to him, invests them
safely and proftably And what bright pros
pect what fair chance of health, long life, or
good fortune, can he set against the moral GER
anxious to provide, are assured beyond all ac-
cidents or risks of the sum he is DESTROYS to
secure for them, even should he die the next
day after having paid only the first annual
premium How many chances are there
against his attaining the expectation due to
his age OF every hundred persons of the
same age, ten will be cut off in ten wears.
What assurance has he that he will not be one
of the ten? In the next ten wears eleven
more will have gone to their graves: and at
the end Of the thirty seven years, of the hun
dred who, thirty -seven years previously, were
living men of twenty-five, only fifty. six-lt-
tie more than half-will remain Who then,
that would leave any one for whom he has
regard in difficulties were he cut off, will be
so rash as to delay insuring because he has a
chance for long lfes But this is not all,
Ii he delays, he may be attacked with disease.
He Will, most likely, have about nine weeks
sickness between twenty five and thirty-fve,
the effects of~which on his constitution may
raise considerably the premium for insuring
his life. Between thirty five and forty five,
he is liable to about twelve weeks illness fif-
teen. between forty five and fifty five. Last
ly, should he have the singular good fortune
to have all these chances turning in his favor
to attain long life to acquire indepen-
dence-to have preserved good health, so that
delay would not have increased his premium,
he cannot be so selfish as to complain, when
he receives return but little short of what
he has advanced with its compound INTEREST,"
to grudge that little difference which has
gone to alleviate the sufferings Of Others who
have been less fortunate, while he has SO large
a proportion of his payments returned to him,
and has enjoyed SO long the security he sought
for his family, or his old age.-4E. Reds
T..