Barbour County index. [volume] (Medicine Lodge, Kan.) 1880-current, 1898-09-07
The Object Of
TIE LIFE and ANNUITY
ASSOCIATION
And Seven Reasons Why You Should
Become A Member.

/
Become A Member.
Mr.Barber of Massachusetts, andNa
tional Advocate Of the Life and Annu.
ity Association. of Hiawatha, Kansas
arrived in our city on August 18th. and
from the encouragement given him by
our people has already organized q
council of - members, including some
| of the best posted men aud women of
Medicine Lodge. and the council is in
creasing its membership daily and is
expected will close the charter with at
least hundred members.
In explanation OF its Aim and OBJ.
ject as well as the advantages given
the members Mr.. Barber sets forth in
plain yet forcible terms the following
facts:
LIST. They write straight monthly
payment plan of insurance, grading the
payments according to the age of
the applicant and guarantee that no
extra assessments will ever be levied or
collected and no general or local lodge
dues called for. Hence with this plan
the insured know just what they are to
pay from start to finish.
End. They write men and women
from 16 to go years of age at the same
rate OF insurance until charter is closed
After the charter closes the limit of age
is SIS years.
3rd. They write Husband and Wife
or any two members of family on a
joint policy at one and half rate, Civ
ing double insurance. Should the wife
die the husband gets the benefit and
the husband dying the wife receives it.
Thus giving double insurance at about
the same rate other companies charge
for the husband alone. This feature
alone is highly appreciated by all desir-
Ing to carry insurance, for anyone will
readily agree that in the event of
wife's death where a husband ia left
with little children, he is often worse
off than the wife losing the husband.
4th. Instead of having to pay as
long as you live and then dying to win,
your policy is paid up in 20 years and
thus in old age you hold a paid up in
surance, while IN the Assessment Or
doris you must continue to pay as long
as you live and refusing at any time to
do 80 makes the policy null and void.
Let the average Mathematician sit down
and figure and you will readily see that
out of 10 people who are paying open
assessment insurance will in the natur-
al course of life, pay out by the interest
and compound interest accommodating
from their annual payments over So 500
In order to leave their families 81, 900 at
death.
5th. The policy holder in Life and
Annuity stands protected by Reserve
Fund which accumulates as follows:
On the 10th of every month after all
claims have been paid. all money re-
naming in the Benefit Fund 10 trans
ferred to the Reserve Fund and loaned
out to the members or invested in
bonds, 1st mortgage, sc.
The Reserve fund is held sacred and
for the purpose Of protecting every pol
icy issued. Hence If in any month the
Benefit received from the policy bold
ers is not sufficient to pay the death
claims the deficit is drawn from the Re-
serve Fund and by this course guaran-
tee the perpetuity of the order.
The 9Th feature is the Old Age Sup
port. A policy holder having paid up
his 20 years dues and reaches the age of
20, shall have the right to draw out $500
a year for his support for old age. On
Joint Policy, where man aud wife
reach 20, they are entitled to $500 a year
until they have drawn out the full $1,000.
DON'T LOSE SIGHT OF THIS.
You will soon be an old man and now
is the time to provide for your own sup
port and not be forced to become q de-
pendant on your children.
Seventh. Your policy carried for 8
years becomes non forfeitable. At the
end of 8 years, if You 80 desire, you can
take paid up insurance for rs many
2Oths of your policy as years it has been
in force.
Summing up-as the Court would
say-you are requested to consider the
plan and to compare the advantages
here offered with those of open Death
Assessment Orders, and If as favorably
impressed as hundreds have been in the
past, call and Mr.. Barber will give you
all the time needed to answer and ex-
plain any feature you may not properly
| or clearly comprehend.
SUMMING UP.
Tie following advantages come to
you as members of the Life and Annu.
| ity Association, that you find nowhere
| else in fraternal insurance, viz: