Pine Bluff daily graphic., 1902-08-05

Tie Travellers Insurance conpens
up to January l942, had PAID policy
holders lain.s amounting to s45,oos-
8fs.05. and will pay policy holders
this year between four ard five mltioa
dollars.
The Travellers ranks FRS, for promo
navment of claims. as an illustra;ion
OF this, the late John y. Sullivan
formerly Ct Pine Bluff heie a 3fa4
elers life policy fer 5i,4af On DAs&Aa
Der /, 1861, be died at ,ewporr, ara,
on December =13 Mrs. Sullivan notified
he company Of his death: on 6se&za
Der Is, Just ten days after, Mrs. S5sh.=
van received q craft for the p9lie5.
TIE Travellers issgee all tie stand,
ard terms Of guaranteed policies, an@
,ss,l,ss them for about 20 per cent less
premium than is charged by OTTER
standard companies writing business
n Pine Bluff. The TraVelers write
Gfteen payment policy for the same
rat. IS the mc5ual companies (such
as tie New York Life, Mutual Lite,
Equitable and Massachusetts
charge fer mutual twenty
payment life policy, the SAVING
Of 1--WE full years premiums ard
getting through paying premiums 70
the company in fifteen years instead
Of twenty IS means a great deal fo
policy-holeer.
The line of policies written by the
Travellers include ten, fifteen ana
twenty premium policies, 5 per cent
gold bonds and endowment policies.
The endowment policies Ct tae
Travellers operate in the same way as
putting money in q savings bank, TIE
policy holder IS insured all the time
! re is depositing premiums With the
company and in addition to the ins1s.
/ ance, he receives interest On every
| 1ollar he pays them.
) Suprosing a man is thirty years o.
age and takes twenty year $4,000
/ in the Travellers. if he dies before he
is fifty years old the company pays
ais family slo,e00 in cash, but il he
lives to be fifty years old he himself
! draws the $4,000 in cash. Should he
-: not want it al in cash the company
will paw him a cash dividend OF $4,-
$50, and then at his death Pay a.4s
family $4,000, making total OF %14,
800.
/ All policies Of the Travellers are
written with the latest non-forfeitable
features, and il on account OF inaOll'
lty to pay premium the insured does
2ot 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 nim without
any security, except the policy, SO, ,74o.
or the company Will keep him insur.
ed free for ten more years, when the
company will return in cash to the in.
sured $39S0, @ rnearly the entire pre-.
miums paid the frs ten years, in fact
the net cost Of the insurance under
this option is less than SO year for
the twenty years OF 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-
~ years insurance for $4,000 at net
profit to himself of sS5.98 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 tc carry
Tie co:ngany writes policies for 81,
eco Or More. the limit on one life 10
s25.0o0
-, ,he values given for Travellers
policies are guaranteed; no estimate
about it. Everything the Travelers
agrees to do is plainly stated in the
contract. MORAL: INSURE IN THE