The Tipton advertiser. [volume] (Tipton, Cedar Co., Iowa) 1856-1962, 1873-09-25
Life Insurance for Far mers

Nine-tenths Of all the life Insurance.
in the United States is taken in tn,
Cries aud villages Very few Of til,
business men of the country are with
out policies on their lives, tor they ap
preciate the uncertainty OF lie. Iht
business man makes his provision Ioi
his family against the only foe he mas
no power to cope with-the only cir
cumstance he cannot control
1t is mystery to US that the Iarm-
ers of the United States do not avail
themselves of this wise system OF pro
lection. A young farmer marries. We
| will say, at -, and with his share OF
his fathers estate. purchases farm.
On that farm he will make his hrst
payment of, say. $1,000, and, with
what il left of his Inheritance. stocks
| it. Now, if crops turn out good for
wears together, if prices are what they
.hou Id be, and il he Tires he will pay
| for his land.
But suppose he dies after making y
paw ment of s. 900, leaving 81. 900 yet
10 be met. What hope has the widow
of retaining the farm, with children
on her hands? With her Ignorance
of business matters. with the helpless
ness incident to wamaDhood, plum
dered and taken advantage of in eve
~ way, what probability is there that
she will lift load that was all that
strong man would be capable Of? The
result In inevitable. The land goes to
the mortgages the widow and chill
dren are upon cold world, penni-
less.
The safeguard against this 10 the
same that the business man uaes-
Life Insurance. A man Of twenty
wo can insure his life for $1,000 paya-
at his death. for the sum Of $l4,3O II
= man of twenty-five is in debt two
thousand dollars, that IL the amount
IF insurance he should have on his
life. Insurance to that amount would
cost him $3.50 per annum. With
that on his life, what is the position Of
his family in the event Of his death !?
There il debt on the farm of $1,000,
and the Insurance Company comes to
the widow with that money, with
which she pays 1t. She has her farm
clear Of debt-clear for herself aud her
children.
Hut IL tho insuved farmer does not
die in debt, but lives till sixty, insur-
ance is still the best thing he can do.
n he goes on paying Sl4,30 perannnm
till he IL sixty. he has onlv paid S543-
40, for which his heirs received 81 90.
True, his payments at compound in
terest amount to more than 81 900,
hut he has paid 1t in small sums,
" hich he did not feel, and has had the
certainty all the time Of his family re-
ceiving the amount in full had he died
at any time AS an investment for a
farmer II IS = good thing-as q safe
guard IT is valuable.
The National Life Insurance Com.
pany Of Philadelphia, originated by
JAY COOKE. the great financier, has
organized a department expressly for
farmers. This Company has deter
mined to present the Subject to the
Farmers of the United States, believ
ine thst its benefits will be apprecia-
ted by that class. ~ II has been by
all others. For this County they have
appointed G. Psden, Of Dursnt, as
their agent. who will answer all in
quirie- and take policies. Knowing
the solidity of the Company
and realizing the value OF
the work they are undertaking. W.
commend them to our Agricultural
readers. See advertisement of the
Company in another column.