Barbour County index. [volume] (Medicine Lodge, Kan.) 1880-current, 1898-06-22
INSURANCE IN KANSAS.
Phenomenal Growth of
Cooperative In
Surance.
THE RUTHLESS REIGN or
OLD LINE COMPANIES
AT AN END.

WEBB McNALL has thoroughly ex-
posed insurance frauds and over
charges in Kansas. The old line.
monopolistic business had better get
of the earth The people are begin
ming to know enough to Cooperate.
The Alliance Cooperative Insurance
Co., S32 Kansas Ave Topeka, has
more than doubled its farm property
insurance the last six months. In
addition to the Cooperative plan
State insurance is also becoming very
popular. These $75, 900 old line
presidents are fossils soon to be
found only in museums.
Mutual Insurance Is Better:
l, Because it furnishes protection
at cost.
2, Because there ere DO high salari.
ed officers.
B, Because it iusures only farm
property and detached city dwellings.
4, Because its members do not pay
hazardous mercantile and manufact-
uring risks.
3, because every person who in
sures becomes member of the Go.
and has Voice in selecting the men
who msnag" the affairs of the Co.
6, Because the board of directors
Q5) il number, are practical farmers
Who practice the same economy in
the affairs of the Co. that they d. in
farming,
4 because tie item of pruff is
>sNNMNNstS&, 'YIAsSe eve No &NNlAsMas.
mo person 10 receive them. Tile
clerical work, adjusting and other ex
penses are kept at the lowest pos
sible point.
8, Because their policies are print
ed in plain, simple language without
catch terms or legal technicalities,
Does net take q lawyer to under,
stand the contract,
8, Because the adjusters ale in
siIucted to stand between the loser
and the members Of the Co. and see
Justice. ALLOW a reasonable cash
value for the loss and no more.
10, Because but small portion of
the premium is paid in cash the
member keeping the rest until needod
for losses and expenses as they
accrue. No assessment will likely be
greater Than the first payment nor
oftener than once year. All mu-
tuals hope and try to make them less.
The above are but a few of the
many points in favor of mutual In
surance. Consider them brother
farmer before taking insurance.
Q.-Can policy holders cancel at
any time they wish?
A.-Yes. The insurance law pro-
vides that they must give the Co. 10
days notice in writing. surrender
their policy and pay their share OF all
claims against the Co, if any. The
no g is Cancelled and returned to the
maker.
q If the notes ere rot all &C llect-
ed by assessments at the expiration of
the policy, do you return the balance?
Ayes at tbs expiration of the
policy any portion of the note
ihst remains uncol!ected is Cancelled,
and returned to the maker
Q.-Are members Of your Go. con-
sidered stockholders and in case the
Co. should quit business could they
be held for double the amount of
their notee7
A.-Those WHO take out int urance
IN Cooperative Insurance Go. in
Aaps., ere consi tered members but
are IN ho sense stockholders and in
90 case whatever, could they be held
for more than the face of the note.
Ihelaw is very PLAIN on this point.
Q.-Do loan companies accept
your policies as secnrity9
A.-Yes. But very few of our
policies are refused. The agent for
The loan Co. is generally the cause
OF the refussl, as he is an old line
agent and il the loan Co. will bnt re-
quire the farmer 20 take Insurance
in The old lino Co., the agent writes
it and thereby gets several dollars as
agents fees.
Q.-Can you insure small stores,
mills and other town property
A.-No. BY vie provision o f the
law, COOPERATIVE Cos. chartered as
our Co Is to in-ure First Glass pop
erty, only, can insure Farm
properly, end private dwellings, and
barns in suburbs of villages 100 feet
or moro from other property owned
by other p5Iti s.
S;ho House Insurance.
The Glowing are a few facts aid
fiyurac no,ourpf0., Tho ;,.,-: "a