The Pulaski citizen. [volume] (Pulaski, Tenn.) 1866-current, 1872-08-22
Plain Talk about Lie Assurance.


Ne longer is the question "Shall
/. assure my IifeY'' but "Where shall
it. be assnredT' Competition has
placed many companies before the
public; and enterprising agents
skillfully present the advantage of
the several claimants for patronage.
The public has been thoroughly
enlightened on the value of life as
suTance, ard few are found who do
not understand the principles under.
lying Insurance matters can keep
the run Of the aaGa0. schemes present.
cd by candidates for new business.
sodE4mNG NOVEL,
rather than something substantially
better in the way ofinsurance, seems
to be the order of the day. Inven-
tive actuaries crowd the insurance
world with their strange devices"
1t does not appear that this busy
search is for some method of reduc-
ing the cost of insurance-thati is a
conceded impOssibility under pre-
sent laws Of mortality-but rather
for some scheme or device BY which
the actual cost of insurance is OBJ
scured, and by a new nomenclature,
and figures in new array to conceal
the truth, and attract the unsus-
pecting.
-L THE COST OF ASSURANCE
has too long been the subject Of
closest study aud observation to ad-
NIT Of reduction from present rates,
under the present order OF existence.
When experience teaches us to re
form the existing tables of mortali-
ty-When, for example, the aVeraes
man shall live out the three scores
years and ten, we may set about,
and safely cut down rates OF life
assurance. When our churches, and
business houses, and homes, are
built of iron and granite, fire rates
will not prove a burden. When the
average life of man is Heightened,
and the cost Of his living is reduced,
life insurance rates mast fall. The
cost Of conducting business, aud
the rate of mortality continuing the
same, as at present-and as during
the past hundred years-any ef0iG
at reduction oC charges for life as
surance must be attended with
ha1ar8; and il this element Of kasard
or uncertainty enters, there is'no re-
liable assurance.
Assuming that present rates OF
mortality win continue, and that
cost Of living will not be apPreci-
ably reduced during the next fifty
'Years-there can be no safe reduc
tion in the rates of premiums eharg-
ed by our better life companies.
Any, effort at reduction is an ezpsri-
meal, and few pOlicy-hold1rs are
willing to be subjects OF such lnsur-
ance eInpiricism.
THE ISSUES DEFENDING
upon the sOlyeocy OF a company are
far too mOmentous TO admit OF ex
pertinent. The snpPortof wife and
cliiidren-the very life OF those de-
pending on the pGlicy-holler3 hang
upon the certainty Of his company
meesihg its claims. Whsn eom-
pany selects its risks prudently, and
TessrUss according 10 long tried and
thoroughly approved sta d = ds,
when nothing Is left to guess-wOrk.
there can Be no URosTfsissy that all
claims viii be fully met. In word,
it is better 20
RELY
upon plans Of insurance tested By
experience, unencumbereri by doubt
full contingencies plain, and geher-
ally understood, than adopt new
schemes, though apparently less
costly.
FIND A COMPANY
conducted by w1ll known apd hon
orahle business msn-whOse lIFe-
vious experience and success are