Vermont phÅ“nix. [volume] (Brattleboro, Vt.) 1834-1955, 1890-08-01
" BENEFIT" INSURANCE
SOME INTERESTING READING
Called Out by n Letter from One Who
Uphold " t'ecuiiar system Of Insur~


Called out by Lettrr from One Who
uphold- ~ Peculiar system Of Insur~
nnce.
The following communication was handed
into our office this week We suppose it
was inspired hy our article on the Order of
the North Star IN the issue of july Is.
Edtor Ph0HLr When YOU talk about ASSESS
mtnt orders Won make me laugh The motion"
YOU entertain, that something cannot boz obtain.
ed for nothing. is not always correct III one
takes % policy in one of the old line comuauies
for Thousand dollars and dies the next week
bis heirs come mighty near getting something
Tor nothing similar instances frequently occur
nud vet the cunpanv remains solvent but it is /
not nN desire 90 enter iuto argument but to gain
Information n number of people wish 10 b.
come incorporated for mutual protection and
benefit, and agree 90 pay its members a certain
sum per week u case they are iurnpacitatrd from,
labor. alsu at the expiration OF a stated period to
pay specified amount where Is the harins What
DO you care so long as they do business 10 law
iul manner and no one Is defraudedt
some friends of mine have two or three poIi.
cies 100 detunci odd line COMPANIES which will |
wager against an equal amount. that thusr who !
talk the most against assessment companies have
not investigated the subject ! believe the only |
promises such companies make are that the bust
ness will Doe faithfully and economically conduct
ed. assessments called when necessary a weekly |
benefit to members under certain circumstances
hhu sum tut exceeding a specified amount af-
ter lapse of "a stated time Is there ANYTHING
wrong or fraudulent boz that contract Il is well |
known that thesr companies are subject to the
NOR" So thuu the ODD lup companies You know
the wicked Democrats saw that Republicans ere
ate anu foster nonopulIes IL is true that two or
three families have largely muuOpulHed the in-
suruu,e business boo this vicinity Now if we biol
steer them mp hN crying down an honest effort for
cheap insurance how can we DENY the rhar,e ~
the acruserss Let us have some pr1uf that thpsp
rumuaui"s recently started here are fraudulent
then we will have ample time To- attack them
Several hundred dollars have come To- uufurtu
nate out- 10 this town within "A few months. and
! want au argument that wilt convince. the r,,ofu
eut- that there Is nothing tangible Ia Assessment
ORDER, lnuuiriugv yours
A j. MANHAM
We are glad to know that we make Mr.
Markham laugh Laughter signifies happi
ness. aud it Is always "a pleasure to make
another person happy Mr. Markham
makes surprising statement when be
SAYS that mans heirs come mighty
near getting something for nothing. per
haps he thought We iabored under the i'm
preston that heirs usually acquire property
iu return for sutue stipulated consideration
1t Is not strange that the old line companies
remain solvent oven ii a policy holder or "A
number of policy holders die within a few
DAYS after taking out their policies
MIR Markham ignores the fact that the
old lime companies hold IA dollar or more
for each dollar Of obligation while for
every dollar of obligation the benefit organ
izatiuns have only "a few cents The old
H.. g,,isII.l II '''''7 "',u "a"
~ - ''' NV s"9e d, iee"i rhIes
,,'.,,.' ,,,,.l',.,...,. '''''',e' "l Peopie ue
..,,.l 1T, .,'I -. ''','uH' Ioie''''H
49,, -. ~ pal i'a ''"eI mem
.-'. ,.....,,.,'i,...'I zen j" 'aSe Uney
expiration OF a stated time 10 pay "A speed
lied amount there Is uu harm if they do
m, Pr, NV. e'ilen. 'iutus'
wv 'a'e P'cayune so
urr aud nobody /. dafrauded " but if A. 81
''' ""f ~ -
SUI i'"N ihaIltI "htH thousands OF dollars
are wruuE from hard working people IN.
der the tretapc,. ,f ,,i,i,,,. tb,,. ,b-... ~
In. g., "a n a,
" ~ W. H"c MI. MhNhhlh' are
AWAY. glad To gain information and Hs he
"'' S'' '''i'se'' ul az ID champion Tor These
'e"'". '""'e'" 'f we would IKE u nave
MN "r'''hHlra'e ihhthematicalIN now
N"' P''"l''H INTO "hi'h Won pay SD u Sbu
d" assessment OBJ - can honestly at the
'"" '' '"'''"7 return To YOU Sl'u. or
"'" announcer gan give You at the end OF
f'''. "' return i'' SIN" Whirh
~" nav t'i' l' ii assessments MI
N''''i' S',''N' '' ue'uh't "lh line com
U"'i N"""'" kh"" % ie docs not,
."a' Nn"' " To-" regular companies have
Tailed the mortality among all classes Of
70'''e"' Insurance concerns has been
Huch greater Than among the weakest reg
u'1' ''l"pa"it'
AZ ID th'>e "h" taIk the most about
nSN'0N''''Hl insurance. having never invest
gaze" 'ne SUBJECT we reier Mr. Markham 10
insurance commissioner Merrill OF hassa
'huse',S iro" whose annual report W
4'"ie "e',". we thIhk 1t quite probable
4 VhAl he mas investigated aud knows ~
+ Inufh Hh"ul The subject a. Mr.. Markham
Mr. MhNham says
r-.sye tine ouiy promises such COMPANIES
'l''h' IS '',H. WE uuNih'SN VII h. faithfully and
u...r, MI, ,,'.,,t tll,''n Wien
certain circumstance ami a sum not tSc...iin.,
,u7-inrd amount after the TAPS OF stated time
rnptrarf. "''''- '' ''1'''uei' !" th"'
n
i..u E''eA Us ~" many eiitter
AM ~" re" lAcus ana
"' N"u'' SlaIe 'he amount 70
W. P"'' ,i "SseS9iilehta' lhe amount oi the
''"e"' anu 'ne amount u DE paih
No. ~. ihP7e '' certain Time, that
''N'' Nuu'' "oI ur S" ialr L" LOOK upon.
.'o ORGANIZATION can honestly give $lju IN
'',u' " LOT -" "r S''" 10 return Tor slou.
'','.''IN mas never lrle1 20 bolster
'f ~uf '","' ""'e t"'"PauN anu mas male
$50 1'''"'l'' ~ rIN 90" u regular assessment
n'S , "H' 1t docs o'lect I" Is these
""' az ''H'''''N ""''h attempt the IN
iI' 'u" tie"'ne' Oh Inc fhHniA
80 1'''' ~" NII. bingham. VINO mas
- g.u