Pine Bluff daily graphic., 1902-08-10

ID to January 1892, had paid po!.2aT
holders laims amounting to s46,0s@
ses.05. and will pay policy holder
this year between foar and five mllho:
dollars.
The Travellers ranks first for promp'
oayment of claims. as an illustrator
Of this, the late John W. Sullivan
formerly of Pine Bluff held a Trav'
elers life policy for $4,000. On Decem
ber 1, 1901. he died at Newport, Ark
on December 13 Mrs. Sullivan notified
the company of his death; on Decem
Der %, just ten days after. Mrs. Sull'-
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 companies writing business
In Pine Bluff. The Travellers write
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 mutal twent!
payment life policy, the saving
Of FIVE full years premiums aaa
getting through paying premiums t.
the company in fifteen years instead
Of twenty years means great deal &c
policyholder.
The line of policies written by the
Travellers include ten, fifteen an1
twenty premium policies, S per cent
gold bonds and endowment policies.
The endowment policies Of the
Travellers operate in the same way as
putting money in savings bank, thf
policy holder is insured all the tins
he is depositing premiums with the
company and in addition to the inslir
ance, he receives interest On eve-.
dollar he pays them.
Supposing a man is thirty years q
age and takes twenty year s10,G01
in the Travellers, if ne dies before r.
is fifty years old the company pay
his family s10,e00 in cash, but il h
lives to be fifty years old he himself
draws the $4,000 in cash. Should u
not want it all in cash the company
will pay him a cash dividend ef s4
920, and then at his death pay -
family s10,000 making total Of 80,
92O.
All policies of the Travellers ar.
written with the latest non-forfeitahie
features, and if on account of inaojl.
~ 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 MIN withou,
any security except the policy, s3,74o,
or the company Will keep him insur.
ed free for ten more years, when the
company will return in cash to the in
snred $3.9S0 0 rnearly the entire pre-
miums paid the frs. ten years, in fac;
tie net cost Of the insurance under
this option is less than $50 a year for
the twenty years OF a $4,000 endow.
uert nGl:cy.
II. however. the insured pays all the
twenty premiums and lives to be fit!
years ct age when he collects the
policy he has had the benefit of TWEEN.
~ years insurance for $4,000 at a ne,
croft to himself of s6J.38 year more
than his premium cost him.
number of prominent business
men and bankers in Pine Bluff are
owners Of this kind of policy in the
Travellers.
If you intend to take life insurance,
you should Investigate the contracts
OF the Travellers. The agents Of the
company will be glad to explain IT,.
different kinds of Insurance and quott
WV the companys rates FOR tht
mount and kind Ct insurance yo"
vish to carry
TIE company writes policies for .!
400 Or more, the limit on one Ifs +.
$4,000
All the values given fer Traveller.
policies are guaranteed no astlus.
about it. Everything the Travels.
agrees to do is plainly stated in the
contract. MORAL: INSURE IN THt
TRAVELLERS