St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1891-08-10
PLEASURE OF HOPE.
The New York Life, King Bee of
Insurance Companies.

Insurance Companies.
There Is a fine old story in circulation
among the Yankees of the East, con-
corning a foolish dog. 1t is stated that
! once in callow youth this dog saw a
squirrel run into a hole in a stone
fence. and it ran to the hole
and barked furiously and jumped
about the place for long time in &C.
static excitement. And every day of
his life thereafter that same dog went
to the same hole in the same fence and
repeated those antics, albeit it never
saw the squirrel but on the first occa-
sion.
This is the same spirit that animates
the representatives of rival companies.
Ever since the New York Life has
proven each wear victorious in the con-
teStfor business, they have been barking
at the same hole. They are even at it
now.
1t will, however. be a cold day-in
fact, the elimination of a Manitoba
wave of uneXampled frigidity-when
that company takes a second place in
the race. said E. ID. Sniffen. 70 admit
the possibility of such thing IS to de-
clare that its officers and agents are
fools to the midmoSt marrow
of their bones. But the prOverb says
'.If it wasn't for hope the heart would
die" and the New York Life's Compel
itOrS are as long on hope as they have
been short on general net results"
The New York Life Insurance COM
pany has assets of over Sl15, 100000, and
surplus of over Sl5.000,000.
To the unusually brilliant manage
meut OF the president, William ii.
Beers, is due the phenomenal advance
made 10y the company during the past
twenty-five years.
The people of Minnesota attest their
confidence in this grand old company
and its worthy president in the most
practical way, VIZ: By taking out in
surance in large amounts and in vast
numbers.
What has the New York Life Insur-
ance Company done for the Northwest
Erected magnificent office structures III
such principal cities as Minneapolis,
Omaha, Kansas City and our own be-
loved city, made investments in the
bonds of a large number of towns and
cities, and loaned Oh bond and mortgage
over 100000. Like begets like"
The New York Life appreciates the
Northwest, therefore the citizens of the
Northwest appreciate the New York
Life.
The advisability of carrying accident
insurance is too well known to require
argument. The Provident Fund Acct
dent society, of 90 Broadway, New
York, of which A. n. Lockwood is
president, is represented here by H. G.
Patterson in the capacity of Northwest
ern manager. With headquarters in the
New York Life building, it is we'll and
favOrably known among the business
Of DottI ond Minnnov olic
large list of policy holders will amply
testify. Aside from the popularity of
the manager, Mr.. Patterson, and the gen.
eral agent, James A. Watson,
the company has firmly established
itself through its exceeding promptnesS
and liberality in the settlement of
claims. After all this is the crucial
test. for no matter what other other
good points an accident company may
have, if it does not promptly pay the
claims of its members for indemnity
without cheese-paring," the insuring
public"will have none of it," OF course,
the Provident Fund has other good
points. some of which ought to be
enumerated in an article like this, for
instance:
Its policies are nOn-forfei table by
reason of change of occupation.
1t pays ffty-twO weeks of disability
in the preferred and regular divisions.
1t embOdies more good features than
any other society or company.
1t has not valid claim due and I'M
paid.
1t is managed in the interest of the
members only, by men well known Ill
financial and insurance circles.
IL gives the cheapest Insurance of any
company, and at about one-haIf the cost
in stock companies.
An accident policy in the Provident
Fund society will give you sure protec-
ton.
1t issues a disability policy giving
weekly indemnity only, SIS per week
for disability at cost that will not eX-
ceed SO per year.
1t pays indemnity for disabling in
juries received in consequence of getting
on OF off cable or electric cars while in
motion.
This latter point is one that appeals
to every man using cable or electric cars
in the Northwest.
Very many of tine most successful
life insurance managers and agents add
largely to their means by representing
the Provident Fund society in cOnnec-
ton with their life company. One in
stance in mind produces over fifty poll
cies per month, and this without
previous experience. There are, there
fore. really good openings for reliable
men with this popular company.