The Grenada sentinel. [volume] (Grenada, Miss.) 1868-1955, 1901-01-05
LIFE INSURANCE.
Some Thoughts on an Important Sub
ject.
The Different SYST ms of Insurance and
Something About Their Merit.
GRENADA, MISS, Jan. /, 1901

GRENADA, MISS, Jan. l, 1901.
In 1887 the Insurance world was
startled by the report Of the orgariza-
tion of a new Company known as The
Security Mutual Life Insurance Com
pany, of Binghampton, N. Y, with W.
G, Phelps as President, and Chas. NJ.
Turner as Secretary and General Man
ager.
This organization is no longer in its
infancy-as dawn blossoms into day, so
has this organization developed into
one OF the strongest and most reliable
Lille Insurance Companies in the world,
with agencies in all the principal cities
of the United States; and to-day offers
to the public the best contracts of any
legal reserve company, being the only
company that has taken advantage of
the Registration Law of N. Y. and is
officially endorsed by Insurance author
tiles as follows:
Il have no hesitation In asserting
that the affairs OF the Company are
managed in an economical, competent
and b~usiness-like manner, The assets
of the Company we're fully Investigated
by me and found to be securely and
safely invested. Hon. Wilbur M.
Root, Insurance Commissioner OF Wis
consin.
"They pay their death losses prompt
ly, are we'll managed, and Ia good
standing every way."-Hon. G.. II.
Smith, Insurance Commissioner Of
Minnesota.
II satisfied myself that the Security
Mutual Is conducted on prudent and
economical business principles. and l
consider it a safe and prosperous Com
pany."-Seymour Kisch. ESQ, Ex-
aminer Texas Insurance Department.
1.-The examination was thorough, and
every detail of the business of the Com
pany was closely investigated. I find
that its funds are invested in securities
Of a high character, and | fell assured
that all possible carr is taken to guard
safely the trust confided To the officers
of the Company."-Hon. w. H. Hahn,
Insurance Commissioner of Ohio.
''They are doing d careful and sue
cessful business, and the Company is
growing stronger each year. \ |
have no hesitation in recommending
this Company as tirst-class in every
partlcular.-Hon. +. b. Fancher, In
surarce Commissioner Of North Dakota.
"There remains TO be said only that
there appeared to your examiners
ample evidence that the interests OF
the members are carefpllv and at all
times considered .-David H. Keefer.
Actuary, and Jas f. Cross, Examiners
for the New York Insurance Depart
ment.
l do not wish to present the idea that
the Security Mutual Life Insurance
Company is the only Company There
being sixty legal reserve companies
that report to the Insurance depart
neut NJ the U. 81; neither do I desire
the pubtic to think there Is but one kind
OF Insurance; In words as simple as my
purpose is sincere, 1 do say the Security
Mutual has no mass of contradiction
nor shadow Of mysticism connected
with its contracts, and 7 invite honest.
dispassionate investigation OF a Com
pany that has profoundly impressed
my appreciation. l do not solicit con-
troversy, partisan discussion, nor
wrapgling, but an honest, patient,
seeking for the truth, with the utmost
freedom of thoughtan expression, and
yet with the fullest recognition of the
rights Of others to their opinions. l
do not assail any mans opinions on the
subject OF Insurance, but state my own.
I care not to disclose the deficiencies
III any there be) OF other companies
simply present the desirable qualities
OF my own, believing that, in this way,
the highest concepts of Life Insurance
will be presented for the free choice Of
all who seek the most desirable results.
/ have no doubt my readers are cog
| infant OF the fact that there are three
systems Of Insurance, viz: Legal Re-
serve, Flexible Premium and Frater-
nal, the best patrons OF Insurance in
vestine In more than n Of these. 1t
affords me pleasure to say that a num-
Der OF Flexible Premium Companies
are offering good contracts and meet
their obligations promptly; also,
recommend to those interested 10 Fra
ternal, Insurance, such orders as
Knights of Damon, Knights of Kadosh,
A. o. U. w, Woodmen Of World, M
W, OLA, aud, to the colored people, l
especially recommend the Afro-Ameri-
can Life Assurance Association OF
America, the officers OF which am
personally acquainted with, and have
found to be men of ability and integri'
w. The President and General Man
ager, w. E. Jones, is recognized In In
surance circles as a mar Of unusual
ability, and his years Of experience as
organizer OF Fraternal orders render
him thoroughly competent to manage
the affairs OF the Association success
f,li, Ttharafora advisa all COlOreC