Madison times. (Tallulah, Madison Parish, La.) 1884-1???, 1886-10-02
INSURE YOUR LIFE.

( Security Mutual Benefit Society Of
fers insurance to all healthy men,
not over 90 years Of age, at rates
that the poorest can stand. 1t is
net necessary 10 dwell on the ne
ccssity for insurance. Every think
ing man will recognize that. Only
two questions can reasonably be
raised, can l afford it? and which
is the best company to insure IN
The Security answers the ilrst
question in the affirmative. The
rates are so low that every one can
insure. The rates have heretofore
been so high, and the first cost so
great, that many men have been
deferred from taking out Insurance.
The Security offers the following
rates. For a $1,000. benefit: Adj
mission fee $1,000; annual due, 81.
For a $1,000 benefit Admission
$500, annual dues, Sc. For
$1,000. benefit: Admission fee, $50.
annual due, S15. The rate Of as
sessment is from one dollar q
$1,000. for a man u years old to
s2.95 per $1,000 for a man 60 years
of age. The question of 'can
| afford it?" IS answered.
The second question is, which
is the best company to insure in ?
To this question most men will
promptly answer The New York
Life. This company claims to be
in possession Of some S60.000.OOO,
and is therefore safe, but the very
fact Of their having such an i'm
mense sum is conclusive evidence
that they have been charging eX-
horbitant rates for insurance. The
insured have made them a clear
donation of that amount of money,
and are paying entirely too dear
for their whistle. The Security
don't want any immense reserve
fund. Their theory is that that
money is safer in the pockets OF
the insured than in the hands OF
the company, and this theory was
beautifully illustrated last week
in the case of the Charter Oak Life
Insurance Co., of Hartford, Conn.,,
(Which was first class company
whose president turned out to be a
defaulter for about $1,000. 600, and
the Charter Oak imme diately went
into the hands of receivers. The
money was not all taken from the
Charter Oak, its president being
director in several concerns, and
freely bleeding them all. The Sc
curity does not handle the money
of its insured. The Agency Secur
ity and Guaranty Company organ,
lied upon the unlimited liability
plan has a contract for IS year.
with the Security to perform all Ii;
clerical work, conduct its agency
business, and to guarantee thu
, honest payment Of every dollar o
assessments collected to desig
mated depository, viz the Ameri
can Loan d Trust Co. Their pa.
for this comes out of the amour
. received in admission fees, and an
nual dues, and from no other source
! The money raised by assessment
can be used only in paying deaf
losses. The insured are thus rem
dered absolutely secure. For tn
reasons stated, there is only tn
actual death losses to pay, no eA
2 pensive offices to maintain, n
1 large reserve fund to steal, and n
= heavy expenses. Therefore tn
insurance is cheap, and at the SAINT
D time safe. Even if you have you
; life insured, you can stand a fe'
}. thousand in the Security. Io
pay for just what you get an
nothing else, and you can easil
C afford it. Call at the TIMES oific
e and investigate, and you will b
e satisfied that this is the be:
II chance you have ever had present
IS