Pine Bluff daily graphic., 1902-04-06

The Travellers Insurance company
up to January l, 1902, had paid policy
holders claims amounting to SAG OS3,-
S6S.05, and will pay policy holders
this year between four and five million
dollars.
The Travellers ranks first for prompt
payment Of claims. as an illustration
of this, the late John w. Sullivan
formerly of Pine Bluff held a Tray
elers life policy for $4,000 On Decem-
Der /, 1901, he died at Newport, Ark,
on December 8 Mrs. Sullivan notified
the company of his death; on Deeem
ber 233. just ten days after, Mrs. Sulli-
van received draft for the policy
The Travellers issues all the stand
ard forms Of guaranteed policies and
issues them for about 20 per cent less
premium than is charged by other
standard COMPARES writing business
in Pine Bluff. The Travellers write a
fifteen payment policy for the same
rate as the mutual companies (such
as the New York Life, Mutual Life,
Equitable and Massachusetts,
charge for a 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 great deal to
policy-holder.
The line of policies written by the
Travellers include ten, fifteen and
twenty premium policies, per cent
gold bonds and endowment policies.
The endowment policies Of the
Travellers operate in the same way as
putting money in savings bank, the
policy holder is insured all the time
he is depositing premiums with the
company and in addition to the insur-
ance, he receives interest on every
dollar he pays them.
Supposing man Is thirty years Of
age and takes twenty year $4,000
In the Travellers. II he dies before he
is fifty years old the company pays
his family $10,oo0 In cash, but il he
lives to be fifty years old he himself
draws the $4,000 in cash. Should he
not want 1t all in cash the company
will pay him cash dividend OF $4,-
| 920, and then at his death pay his
family $4,000, making total Of $14,.
920.
All policies Of the Travellers are
written with the latest non-forfeitable
features, and II on account of inabil-
| ity to pay premium the insured does
not 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, 1910,
or the company will keep him insur.
ed free for ten more years, when the
company will return in cash to the in.
sured $3.50, o rnearly the entire pre-
| miums paid the first ten years, in fact
the net cost of the insurance under
this option is less than $40 a year for
the twenty years on a $4,000 endow-
ment policy.
If, 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 $4,000 at net
profit to himself Of $653S year more
than his premium cost him.
A number of prominent business
men and bankers in Pine Bluff are
owners of this kind of policy in the
Travellers.
II you intend to take life insurance,
you should 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 You
wish to carry.
The company writes policies for 81.
900 or more, the limit on one life is
$25, 900.
AN the values given for Travellers
policies are guaranteed: no estimate
about 1t. Everything the Travellers
agrees to do Is plainly stated in the
contract. MORAL: INSURE IN THE
TRAVELLERS.