Vermont phÅ“nix. [volume] (Brattleboro, Vt.) 1834-1955, 1890-03-21
A PROBLEM IN LIFE INSURANCE


Editor Of the PhGnir MY attention has ,...r
lately called 70 the circular Of the Order ~ -
an organization 10 distribute SIOOO TO thrifty IN
'estors after payments by them for seven year,
anu "hlch' after one short years existanc,. al
Nertises itself as a shield" protector ., Vii
security unquestioned,' the "grandest s,cces.
Of them all " Su0Vess
NON as a man dependent upon my own s,sr
lions Tor my support lad with no accum,,Ia,i,
OF stocks or bonds to look TO for Assistance an,
legitimate means 10 secure a eompetsncv 10. -
0u az APpeas to me directly. also fully An
PIecAte the Tact that Il is easier 10 La, S ~
money when there is a definite. tins 80 ~ eH AZ
payments must be- made ""en the
NoG ! nave a fair education and am sorna,,h. ,
pls'eH IN mathematics, but am puzzled 10 f,,,,'r
oat the security or ''protectop,' they ciais =
oHeF As We all know, 40 DER cent 4 f,iii ~
average rate earned by absolutely safe i5ye ess
ments, and md by figuring II Win r.,,,i. -.
saving Sis 70 each year at that rat ~ uile ny
amount TO Sou In seven years NM ~ ~ 49, 70
i a Lhs parent Of all these assessment ,n,inv
m.i sShSHes' and whose experience IL All ~.
pruer OF fgi0 has 10 work from riaiIns H., az the
ake yearly cost 20 members Is SO Cor,nc,' ~
s tnls a. the rate Of interest named find II
equals S4ls In seven years or a shnrta ,s'l1 ~
on tue amount 10 he paid Whera h ~ ~ ~, VI sool
iIouit NV friend says, From lars,.s :, ~ T ','le
h s 70 the official statement OF the Iron Han ani
sIey hs9 written leO0 certificates the first ra ''
whom l1OJ were paid at maturitv a 1atN ySsaI OF
~ IN seven years, assuming that ths IsS5 un4
~ III seven years certainly more than n, PAU aiu
hhI! with interest added, they paid in S.iJtS ly
dne ltOO SURVIVORS were paid L+DlOl0 ~ g.
~ more than received from them vim a. 800
sb. 49,, wnere did thus come FROM Tuning ~
ahe report again find they have a membnE 70
now OF ooOOO These have been payin,s fr,'5,
70 siA ysaIs FROM their payments tb sb o,le
oi me ntsl ltOO has been met and sS06 m lax AK
mluiaIel towards their own settlements In aoeu
1vaIs ths last OF these certificates will h. 5 'eh
fuHins SHo'OOOOO 70 square the hoax uue, ~
bak 1IeIt dte YET four full years assessnents ~
~ colected from their present mem ts 70
man man Iar assumption find thew vii NOR
III interest added to the amount nov, SI I
Saiss'99SdI'o9 showing the enormous deflciaIn a9
y, WIN the same gains In membership I'm. o..,.-
y, .I.ss certainly eau show no better rs,i, S'ie,
IL AZ @ crosses my mind that the '.ssc1Irit ~
- All On paper hear parties claimins al ny
a. SCENTS representing the institution o. wen
feoPle VINO come IN early on the ground ~ 'lr
~ sl9ak' are the only lucky ones lie hslan 80
d ns ~. me dupes who pay the bills we'll . 3e
uiiaS sa the line between the spoilers a., VINO
ald VINO swing for itg bridge
a., ne Order OF 4F,gls or any similar sssooi.,,.
III vuspIoNe my position am ready - i ie.ui
~ thenli tlll then think shall trv 'iNesl
al " hlent Insurance that has sfood ~ iVill
,,ai mas AT Least reasonable chance ~ "S t,sl
pau oNE WHO NEEDS PROTFtsTItp'SSi!h s