The Columbian. [volume] (Bloomsburg, Pa.) 1866-1910, 1872-11-22

The disastrous fires at Portland, Chi
cago and Boston haveo illustrated the
importance of fire insurance and direct
cd universal attention to the subject OF
insurance But for insurance compan.
les, majority of the losers by these
fires would have been rendered bank
rupt, and the rebuilding of tie waste
places would have been greatly retard.
ed. Heavily as the insurance men have
lost, it is probable that tn ese disasters
will rebound to their futuro bene-
fit.
But, important as fire insurance is,
life insurance is no lessso. Indeed, the
latter may be deemed of greater impOr-
tance. Loss of life is certain to occur |;
loss by fire is not. "The certainty of
death Is absolute ; but the certainty of
reverse is seldom thought Of Wrecks
of fortunes strew the path of life every
where. Every day some family is re.
duced from afiluence to penury." How
fortunate for such families iftheir heads
have "taken bond of fate," insuring
thousands at their death for their wild
ows and orphans
The importance of Life insurance
may be inferred from the character of
the men who insure their lives. The
ablest statesmen, shrewdest merchants,
and most profound professional men,
in this country and England, have
adopted this means ofprdviding against
disaster and for their families. Even
millionaires, knowing that "riches have
WINGS" resort to Life insurance. For
instance, A. Il. Stewart, DIR. Brandreth,
Cyrus W. Field, and S. B. Chittenden,
of New York, are insured for $1,000
each Martin Lendenberger, of this
city, is insured for $j0,000 and j. G.
Caldwell for 100000. +. II. Walton,
esq, who has just been elected to an OF.
flee worth $50, 900 per annum, is insured
for $4,000. The late Joseph j Cana
van, of this city. though millionaire,
was insured for $4,000. The following
named gentlemen who have died with
in few years past, were insured for
the amounts appended to their names,
viz. Sir Robert Clifton LEngland,) J 81
100000; William IL. Seward, 800, 900 /;
Dean Richmond, $106,000; Abbott
Lawrence, $4,000; Elk Governor Gill
more of New Hampshire, $4,000; d.
s. Voorhees,, who was murdered in
Brooklyn, New York, about New
Years, 1871, $4,000; George +. Nesbitt,
New York, $4,000; Daniel S. Dickin-
son, S40,0 These and hundreds more
like them, whoce names might be given
were men of great talent and sbrewd-
ness, and their families are now com
Portable in consequence of the wisdom
of these men in insuring their lives.
The importance in which life insur-
ance is held by the thinking portion of
the public is shown by the fact that in
they year 1871 the death claims paid by the
lifecompaniesi in New York state amount
ed to $ll GA 1913, and by companies of
other states doing business in New
York SO, 100, ,91S, making total of S2l,-
S45,62l paid to people in insuring in
that state alone in a single year!
While thus showing the Importance
of life insurance, we would advise all
who insure to be very careful what
companies they select, for there are
some that are unsafe. Among the most
reliable are the New York Life, the
Mutual Benefit, of Newark; the Con-
tinental of New York; the Penn Mu-
tual, the Pennsylvania, and the Amer
ican of this city; and few Others that
might be named.
On due reelection the intelligent
reader, we believe, will agree with us
that Life Insurance is, at least, quite as
important as Fire insurance. At all
events it is evident from the character
of the men who insure their lives that
it is not upon the fools in the land that
Life companies depend for business
Day.