San Marcos free press. [volume] (San Marcos, Tex.) 1877-1892, 1884-05-22
Life Insurance Investments.


Tho productive power Of every life ID de
slroyed by death.
Life value gave rise 10 lifo insurance a
the worth OF ships aud oargoes created ma
rine' and that OF houses and Goods, fire in
sumnce'
A man may own u dozen ships and car
goes. OF ~ many stores and stocks Of goods
but his power ~ create value exists in on,
, life. and this power Ii always In danger OF
deterioration from accident or disease. OF
OF total destruction by death.
Ono may estimate his annual value, and
his expectancy OF liying-say that tho for
mer Is ono or hye thousand dollars, and the
latter twenty years, and his insurabie value
Is twenty or one hundred thousand dollars.
This ho can insure by policy OF insurance
on his life, and thus secure IL TO his estate
or family II no dies, or 10 himself II no lives
twenty years. In no other way than through
life insurance can these results be obtained,
What n wonderful provision Is this which
enables man 10 secure 10 his estate or de-
pendcnts, tho value OF his life, In spite OF
accident, disease or death, and double the
value Of that life TO himself IL ho lives and
remains well for twenty years, the value
earned by himself during that time. and the
value earned for and returned TO him by the
insurance company.
Here We have security and protection OF
life value, and most rcmunemtiye return
Of the money invested 10 secure it-ampls
provision for ones dependents II death
comes, and for ones old age II life holds
out. This Is the highest product Of the d.
nancial brain Of man.
Payments To marine and fire insurance
companies arc losses-although unavoidable
necessary taxes upon destructible articles
of value Tho losses of such articles arc
proportionately assumed by each individual
owner through the agency Of insurance cor
porations.
Fire and storm destroy value already Gre
ated by man, while death only prevents the
future creation of value. Life insurance Is
not loss or tax, but an investment of
money to secure its return with large in
crease to ones self or heirs.
This highly important investment should
therefore be made only in company which
has the greatest financial strength and the
highest character for ability and Just deal
ing. Any one Of fair earning and saving
capacity can safely and surely protect his
life value with insurance IL he dies, getting
the return of premiums with interest If he
lives. One not 80 able to earn and save,
can, by q smaller investment-and q very
small investment-get security for depend
ents after his death, his premiums being
savings for them, to be paid after his death.
II is true these earnings are beyond ones
own reach, but saving for wife and children,
and placing them beyond want in the event
of his death is mans first duty, and is q
labor of love.
The ordinary plan of life insurance places
protection of life value within reach of the
poor man, and investments in it are usually
highly remunerative, as very few live long
enough to pay in premiums the amount call
ed for by the policy. Frequently the life
value of the husband and father is the only
possession of wife and children. When
death takes the protector, who will pay doc
tor, druggist, grocer and butcher? The
lodge or benevolent society? The life value
of man who will leave wife and children
to charity is very small. How can man
sleep whose life is the only barrier between
his family and beggary9
Life insurance is a necessity for the poor,
o great advantage for the rich. For the
former it meets his chief obligation to So
ciety, which expects not only that he mere
ly support his family but that he provide
against their restitution after his death.
For the latter, it is the only sure refuge from
every financial danger, his safest and most
profitable investment.
1t is the best method of saving for the
young man, inasmuch as it compounds at
interest and returns to him with the same
profit he could get elsewhere every dollar he
invests in it--giving him insurance besides.
The young man who invests in life insur-
O nee, saves money ct interest for advanced
L.
temptation, reach and spend it.
Having the earning capacity to support
wife and children, the possession of life
insurance policy renders him eligible for
marriage, and he is not eligible without that
policy. The young man may not for time
need to insure his life value, if he discards
the idea of securing the comfort of mother
or sister, but he does need to save, and to
save in the best and surest manner. Saving
is young mans noblest work; without it
his future will be embittered, and his life
perhaps failure.
Life insurance is the best and safest means
of investing money known to men. It is
the most highly approved method of saving
money at interest, and this OF the same
time secures to dependents q provision in
money after ones death.
1t is the only absolutely sure financial
security that one can give to dependents,
partners and creditors, against the conse-
quences of death-of becoming uninsur-
able through accident or disease, and of
failure in business.
Many, who by retrenching little in ex-
penses, can insure their lives, will die and
leave wife and children in poverty and want
Others who are well of, do not insure,
not understanding the advantages of insur-
ance, and feeling that their families will be
provided for in any event. The poor man |
thinks he will be better off-the rich man |
never dreams of failing-neither one ever |
thinks his constitution may be impaired by |
accident or disease or that he may die, and |
thus both neglect to insure their lives. put |
ting if off until failure, disease or death |
pulls the latch-string.
Some imagine that life insurance is unsafe. |
Life insurance companies are now required |
by law to have money enough to pay their |
liabilities, and this legal standard of safety |
ought to be sufficient to satisfy anyone. |
But when q company has $40, OOO, 900 90 |
more than enough to pay what It owes, or |
ever can owe, it becomes safe beyond any |
doubt whatever. While there have been |
failures among life insurance companies and |
others may yet be compelled to discontinue,
any intelligent applicant for insurance can |
select an absolutely safe company. Because
one man loses his money by purchasing
piece of land under defective title, it does
not follow that another cannot make a safe
investment in land.
All wives ought to see that their and
their childrens insurable interests in the life
Of the husband and father are protected by
4 policy of insurance. Is the husband
earning 5000 or $1,000 per anumn; let him
insure his life by living economically and
investing say $500 90 to $500 90 in a fifteen