Evening journal., 1900-12-10

small amount OF money annually pad
to the company provues a larse IN
crease to an estate which becomes
available Immediately at death or at |
the end OF an endowment period If the |
insured be then living. There are few |
estates SO large that the proceeds Of a ]
policy may not prove a welcome addl-
tion. If an Endowment or Guaian-
teen Income Policy is takCn there viii
be returned TO the insured at a time
when the money may be most needed |
the principal invested with a fair ac-
emulation, or there Will be paid an
annual income at a time of life when
the money may be the sole dependence
for declining years, especially ifl
through unfortunate investments the
property which qualified the woman
as a person of fortune shall have dis
appeared. A policy also affords a
means Of providing special legacies
for charitable or educational institu-
tions without impairing the funds of
an estate which may be entaildd or
otherwise tied up as to its principal
The premiums upon any policy can
all be paid in q limited number of
years or by a single payment.
For a woman whose income, though
moderate. may be somewhat more
than she requires for the support Of
herself and family. an insurance policy
ON the Life Endowment or Guaran-
teed Income plan is the best possible
investment Of surplus income. II she
has anyone dependent upon her who
viii suffer In case of her demise a poll
icy will provide for them at a time
when most needed. or will return to
herself in advanced lite a large amount
of money or a good income for the
closing years of life
To the woman who is dependent
upon her own exertions for a llveli-
hood and for the accumulation of
means to support herself at a time
when she is no longer able TO earn
money, a life insurance policy with an
Endowment feature Is almost a neces-
sity. BY setting aside very small
amount of money each year. or every
six months. or every three months
provision can readily be made over
against the time of life when the in
! lrmities Of age or disease make 1t inn
/ possible 10 earn a living. while in case
of prior death the amount of the pol
icy that will be paid may be OF price
less advantage in closing mp the affairs
of the insured and rewarding or bene.
fitting by small legacies those to whom
she may be indebted for friendship OF
kindness.
One of the marked advantages of Z
life insurance policy is the enforced
saving which it demands. AS a rule
few women will lay aside every yea
and safely invest in any other way tn
comparatively small amount require,
to pay the premium on a moderat
sized life insurance policy il a woman
has an insurance policy and desires Il
keep it in force, she must OF necessit,
set apart enough money from her in
come TO pay the premium annually
semi-annually or quarterly, IN orde
to secure for herself or her estate th
full benefits of thee ontract.
IL is only by keeping policies in fore
and continuing them until death O
their maturity, that the greatest advar
/ tags and largest returns can be secure
to the holder. but The Mutual Life. b
tha terms Of its policies, gives to
person who may have to discOntinu
+ payments the full equity value, in som
? form, of the premiums that have al
) ready been paid. The contract provide
/ that at any time after three annua
! premiums shall have been paid u be
comes by its own terms, a paid-up poI
icy for a definite amount: or, it ca
be exchanged for paid-up insurance fC
p the same amount as the original polio,
, continuing for a certain number
years and months, depending upon th
number of premiums paid; or. 81 ca
/, be surrendered to the company an
there will be paid therefor in cash
definite and liberal amount which
stated in the policy; or, the compan
will loan upon the assignment of ID
7, policies, at five per cent. interest. th
full amount Of the cash surrendt
! value
d The form Of policy that is special
s recommended to women Is the EndOv
= ment Policy, which. by its own term
q provides for the payment of the fac
I Of the policy at the end Of ten. hftee
E or twenty years, or at death if 1t OF
ours at any time prior thereto. At tl
end Of the endowment period thel
s will be paid to the pOlicy-holders,
- living, the full face of the policy, Z,
gether with the surplus, either i cas-
- VI III AhctdAlitlltn ANl any MNANtI
years from two to twenty. A woma
can thus secure at a definite time in III
future not only a considerable sum
money, but an immediate investmel
Of the same which will pay a satsfai
tory annual income, with the priyilos
Of committing the unpaid instalmen
>, at any time If she desires TO make u'
Of the unpaid portion Of the priucipa
Another form OF policy that Is adap
. ed to meet the requirements OF wome
e is the Guaranteed Income Policy. r
b tho terms of this policy there will I
- paid to the insured at the end of f.
b cen or twenty years an Income durir
o her entire remaining lifetime of f0l
r per cent of the face OF the poke
q which income may be farther il
b creased, If desired, by tho payment
2 a small additional premium. The orig
I nal amount of the policy will renal
e in force as paid-up Insurance, and wi
: be paid at death. The whole polio
, can be surrendered at any time aft
| the end Of fifteen or twenty wears