Pine Bluff daily graphic., 1902-07-30

The Travellers Insurance company
I'D to January 1902, had paid policy
holders slaims amounting to s46,0S3,'
Seso5. and will pay policy holders
this year between four and FIVE million
dollars.
The Travellers ranks first for promp7
payment of claims. as an illustration
CT this. the late John ". Sullivan
formerly of Pine Bluff held fga7-
elers life policy for 5000. On Deeem-
Der I. 1901. he died at Newport. Ark,
on December I3 Mrs. Sullivan notified
the company OF his death; on Decen
Der 23, Just ten days after. Mrs. Sulli-
van received draft for the policy.
TIE Travellers issues all the stand
ard forms of guaranteed policies, and
issues them ior about 20 per cent less
premium than is charged by ether
standard companies writing business
IN Pine Bluff. The Travellers write q
flfteen payment policy for the same
rate as the mutual companies (sueh
as the New York Life, Mutual Life,
Equitable and Massachusetts,
charge for mutual twenty
payment life policy. the saving
of FIVE full years premiums and
getting through paying premiums to
the company in fifteen years instead
Of twenty years means 4 great deal 70
a policy-helder.
TIE line Of policies written by the
Travellers include ten. fifteen AMI
twenty premium policies, . per cent
gold bonds and endowment policies.
The endowment policies Of t5e
Travellers operate in tt same way =
putting money IL 3 savings bank, tfe
policy holder IS insured all the time
ne is deresitias premiums Fi5A the
company eed II addition testh2 insur
ance, he receives interest Oh ever!
dollar he pays item.
Sappozing man IS thirtr years e
age and taxes a twenty year Sfe,eoe
IN the Travellers if be dies before =he
is ffty years cid the company pays
his family si0ea4 in cash. bit Il he
lives to be fifty years old he himself
draws the $4,000 II cash. Shoufd he
not want Il all in cash the company
will pay him cash dividend of s4,-
920, ara then at his death pay i,.s
family $4,000. making total of ..ei,
920.
All policies Of the Travellers are
written with the latest non-forfeitahle
features and if on account Of inaOil-
ity to pay premium the insured does
Tot lose what he has already paid the
company. To illustrate this on the
above twenty year endowment, should
Insured pay, say. ten Of the premiums,
the company would loan him without
any security, except the policy, s3,740,
or the company VIII keep him insur-
ed free for ten more years, when the
company will return in cash to the in.
sured $3.50. rnearly the entire pre-
miums paid the frs ten years, in fact
the net cost of the insurance under
this option is less than $50 a year for
the twenty years on a $4,000 endow.
ment policy.
II, however. the insured pays all the
twenty premiums and lives to be fifty
years of age when he collects the
policy he has had the benefit OF twen-
ty years insurance for 10o0C at net
profit to himself Of s65.3S a year more
than his premium cost him.
A number Of prominent business
mel and bankers in Pine Bluff are
owners Of this kind Of policy in the
Travellers.
II you intend to take life insurance.
you shou'@ investigate the contracts
Of the Travellers. The agents of the
company will be glad to explain the
different kinds Of insurance and quote
you the company's rates for the
amount and kind OF insurance yor
wish to carry.
The company writes policies for ST..
600 or more, the limit on one life is
$4,000
All the values given for Travellers
policies are guaranteed; no estimate
about it. Everything the Travellers
agrees to do IS plainly stated in the
contract. MORAL: INSURE IN THE
TRAVELLERS.