Pine Bluff daily graphic., 1902-02-23

Resident Agts
Pine Bluff, Ark.

The Travellers Insurance company
up to January !, 1902 had paid policy
holders iaims amounting to $4G.oS3.-
a6S.d5 aud will pay policy holders
this year between -four and five millioA
dollars.
The Travellers rank first for prompt
payment of claims. as an illustration
of this, the late John w. Sullivaa
formerly of Pine Bluff held TRAY
| elers life policy for $4,000 On Decem-
Der !, 1901, he died at Newport Ark.
on December Is Mrs. Sullivan notified
the company Of his death: on Decem.
her %, Just ten days after, Mrs. Sulli-
van received a draft for the policy.
The Travellers rank first for prompt
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 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 mutual twenty
payment life policy. the saving
of five full years premiums and
getting through paving premiums to
the company in fifteen years instead
of twenty years means a great deal to
a polivy-holder
Tho lipn ~ fLi IL.
Travellers include ten fifteen and
twenty premium policies. , per cent
sold bonds and endowment policies.
The endowment policies of the
Travellers operate in the Same Way as
putting money in a savings bank, the
policy holder Is insured all the time
he is depositin& premiums with the
company ana i'll addition 10 the insur-
ance he receives interest on every
dollar he pays them,
Surprising a man is thirty years Of
age and takes a twenty year $4,000
in the Travellers if he dies before he
is fifty years Old the company pays
his family $4,000 in cash, but if he
lives to be fifty years old he himself
draws the $4,000 in cash. Should he
not want it all in cash the company
will pay him cash dividend of 81
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 if 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, $3740,
or the company will keep him insur-
ed free for ten more years, when the
company will return in cash to the in
sured $3,9S0, 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 500 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 $6538 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.
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 the |
different kinds of insurance and quote
you the eompany's rates for the
amount and kind Of insurance you
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 i
policies are guaranteed; no estimate |
about It, Everything the Travellers
agrees to do is plainly stated in the |
contract. MORAL: INSURE IN THE
TRAVELLERS