The workingman's advocate. [volume] (Chicago [Ill.]) 1864-1877, 1868-10-10
Co-operaIIVe LIfe Insurance


la the platform Of principles enunciated BY
the National Labor Reform Party of the United
States, one Of the most important is the CO.
operative resolutions, and we are grati6ed to
observe that the cooperative principle is gain
ing irie Is rapidly, and that it is not to be con
fined 70 trades unions, but that it is entering
into and becoming the foundation-stone for
other organ zatioUs- A man must be dull
scholar indeed, il he has had an ordinary share
Of business experience, aud has not discovered
that the surest path to prosperity lays along
the most thick, settled streets, or in other
words, mutually Of interests clustering to-
gether in co operative enterprise, is the surest
guaranty Of success. We IRE LED to write the
foregoing, by reading a circular OF a Lew sys.
TEN Of Co operative Life Insurance, just organ
lied, BY the Provident Insurance Company Of
this city and we are so impressed with the i'm
Portance Of the system that we publish the cir
cular entire, below. As TO the value and i'm
portance of Life Insurance the arguments are
az Cor it and net one sgainst it, and we have
always felt that while the principles Of the la
boring men needed the benefits arising from
the expei-se was 80 great, necessity compelled
them to f. 20 those benefits But the Proyi-
dent Insurance Company Of this city, with that
energy anu enterprise, which has always char.
acter'rcd it, operations, appreciated as it is
by those Hho appreciate labor, and all CO oper-
alive movements, has taken the initiative, and
i he frst Ia the Geld with the system Of Co.
operative Life Insurance, bringing it within the
ability o, every laboring man in this country to
prosi1a Five ThoassrA Dollars for his family in
-ae event Of has death. and We sincerely hope
they wilL avail themselves Of this opportunity.
The lAboringmAn tolls hard day after day to
prosids for his family, prompted only BY love
COR ID, dear ones At home, and 10 his medita-
tiOrs while b1sily engaged, could be but say,
whatever owe. rAkes me, | have Eve thousand
dollars divided for my loving family, how it
would tighten has heart
co OPKRArIvE SYSTEM OF LIYK INSURANCE
nis sysse@ seizures = cash payment, within 90 day.
AeF the death member, Ct many dollars - there
members the class which he Of ~ belppgs, 4
his Ter heirs.
The Dembership fees 70 be paid are ten dollars At join
Ing and contIib1ton fee Of ere dollars and y cents
wheh cash member 10 to pay the death Of any other
member Of his her elss. One dollar goes to the vi
heirs u the Diseased member and the cents
for expenses.
TO save expense and annoyance to the assured. VI
collect the sve assessments 10 advance, which will b,
safety invested TO be available for losses aEy
time.
member falling 20 pay bis fees forfeits all claim
upon the Company and also torfass all money previous
~ paid member having no permanent residence mus
notify the Secretary, and appoint representative pa,
his Fee
Members can prepay their fees In Of one huDdTet
and teo dollars II they prefer, in less Ths
sared are dviied into i've classes for FEMALES ~ soor
these Allied, ave classes sill be formed an,
- continue.
cLAssRs.