Edgefield advertiser. [volume] (Edgefield, S.C.) 1836-current, 1871-09-07
Sense in Business.

Henry Ward Beecher says: There
9re many difficulties and objections in
respect TO life insurance resting upon
the minds of good men, and the fol
lowing questions have been put to us
and TO others on this subject:
|. Has man right to make the
continuance of his life the basis OF
barg gins2 Is it not turning a very
solemn thing into mere commercial
transaction
Life insurance is nothing but a
mode of laying up money for one :
family or for dependents. Every
prudent man that can doit. provides.
while he is strong, for the time When
lie shall be weak, and seeks, for the
same reason, willie he is with his
family, to make provision for their
wants when he shall be removed. Ia
one sense, eve,v prudent NAN m;tkes
his own decease the basis of con-
mercial action. He ought TO do it.
Every reason which makes lta man $
duty to provide for his family while
living, acts with yet greater force to
secure for them comfortable subSis-
tence after he shall have been remov-
ed from them.
2. But ere we not forbidden to
lake thought for the morrow
Not in the sense now attached to
the taking thought" The thing
forbidden is undue anxiety about
temporal matters. We are forbidden
to fret and worry about our future
support. One way to avoid that sin,
is to secure the future by wise
providing. Who is most likely to
worry about the fate of his wife and
Children man who has money laid
NJ, for them, or one who has not a
cent to pay his own funeral expen-
SEES?
3. But has a man the right to take
the future out of Gods hands? Ought
we not to trust in Providence?
4 man that does all that he knows
how to do, and nobody else, has a
right to trust in Providence. God
gave us reason that it might be used.
God is honored by those who use his
gifts, and not by lazy orstupld folks,
who think that doing nothing is
trusting Providence
Trust in the Lord, and do good, so
shalt thou dwell in the land, and
verify thou shalt be fed
He hare no right TO trust God flr
anmAlng ayhich he has enabled as. to
obiam By our o,cn skill and industry.
Providence will not pay a premium
on Incidence.
:. Granting that there are no NOR
al object ions to life insurance, are
there not better ways for laying np
tor ones family? Is it not better TO
invest in real estate, or put money in
the bank?
There is 70 doubt that in either OF
these methods family may be pro
vidad for. But it must be remember-
ed that you take upon yourself all
the risks in such case. Your af
fairs NAV become involved, and your
property taken for debt. Your stocks
and shares may fall in value. Bu:
policy upon your life cannot be
taken ior debt; cannot be alienated
iron your heirs; and, if you have
chosen Your company discraetly is
subject 10 no commercial risk. Ii
is as nearly sure as anything earthly
can be.
). There is an objection fourded
upon The risk Of losing ones policy
if one neglects the payment Of the
annual premium.
This difficulty is obviated in all
rood insurance companies, by an ar
rangement for c2mmutaion. Ii one
can no longer ~. his-frenlium, he
can sell lis pc.cy to the company
Tor 4 given .ir., H:.ich is de ermlned
,l9t b. t..o rle= q ,jirec. o.s, bio
.lpod 4 sale; Or, he can
commute ,!tlon;,tr part oI
his orie!na! ~. umeh snail 9e
pad 10 his ne..s c'&cN IL t.."r ga
nual pa.m4nts on bls p rt. On.
does not !ose wii..5 ne has Pud IN.
\ larse proportion returns 70 A;n.
That winch Is retained IS equitably
retained ior expenses and for the '7s@
Of his lie nndert@lllch the company
mad lain