The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1902-06-23
SOMETHING
EhTIRELY New!

A1lC HAS NIo1ACC dt
Greatly Reduced Cost.
The PrOVident Savings Life Assurance Society Of New York
The ST. Louis Republic
Unite in a Progressive Business Movement.
s.sssss$ss
The Republic has arranged with the Provihent Savings Life Assurance So
eey If New York en- of the leading old line life nsurnuee e0mp'n MES to furnish
life insurance at a greatly reduced cost Under the new plan iAe h'p"onf
enables policy holders to save half the premium on every policy issued. $ the
cost Of carrying the policy is reduced oue~half
For exampe-A person 80 years old ean carry from 1t to $3.50 Insurance
by paying from 10 Ito % cents at the end Of each month a similar policy taken
out in N of the Industrial companies would not only cos much more br
the premiums would have to Ne paid in advance the hrstof each week. BY The
the premium "
This is intermediate smance 1t emIodh~ the best features of the resu-
lar hfe policies for large amounts. The benefits ear go to wife me family
father or mother brother or sister, sou or daughter as may be desired; o
they can 70 to the estate of the policy holder, TO be used as a burbi fund, o.
they al constitute a special legacy to any particular person.
The policy provides fr payment If The full amount Of insurance from the
very beginning of the policy tern. In the easeO IF policies for small amounts.
issued by other companies. there is only a partial payment in case of death
during the first year of the policy This policy calls for full payment at once
ever if death occurs the day after the policy is delivered.
Cash surrender values are allowed under the policy after the first three
payment Oh surrender of a policy only at he ed o. fifteen or twenty years.
The policy holder has to pay NJ fee for medical examination, his entire
outlay being covered by the monthly premiums; and all the arransements for
enecunE policies have been made as simple IS it is possible to make them.
=
As many as FIVE different persons cal b insured in each household if the
ages are lot under ten or owe sixty years The amount of insurance which
can he secured on each policy under The Republic Provident plan is graded ac-
cordmg to age. At 10 Gears, $50 to S3I5 at 20 years. $3 to 1915; at so years.
$50 to $50; at 40 years $40 to $500; at 80 years. 20 to $l25: at 60 years SIG
$50 intermediate amounts in the same ratio are given or the gees between
10 and 90 u III So etc.
The Republic ave half Of every premium under it's new plan of nte INSTR
ance because its methods cut down the cost OF getting and carrying policies.
This is accomplished by dispensing entirely with an expensive force of in
susnce solicitors, collectors, managers OF Offices, etc. The Republics regular
force of subscription canvassers and collectors attend to this work. thereby
saving half the cost of administration. This saving is effected for the benefit Of
the policy holders. 1t is a large economy produced by the application of mod
ern methods IF organization an system The policy holder gets te whole
benefit, so the insurance premium is cut down fifty per cent.
The PrNident Savings Life Assurance Society ranks among the strongest
and best life insurance companies in America. Its business policy is safe, con-
sentative and wisely progressive. 1t is because Of these facts that it has been
selected by The Republic to carry III tn new insurance plan Double protec-
ton is secured where a newspaper, with a record OF successful and continuous
publication for nearly a century, is connected with the insurance contract
The Republic could lot afford to offer life insurance unlessi knew the CON-
fbe. 1t mhesnahngly commends the ProvMent Savings Life Assurance %
chty; commends hn not only upon The basis of the business statement the COM
pany makes public. which is given elsewhere. but upon the basis of the more
minute and detailed statement submitted under oath to the Missouri State ST.
given by Hon. c. P Enerbe o. ST. Louis, late Missouri Superintendent of In
N a specialist OF national reputation in all matters relating to insur-
nee subjects
C f. ELLERBE.
Attorney and Counselor Law .
66 Wainwright Bldg
Publishers George Knapp CO.. City:
Gentemen-rn response to your inquiry I beg to Pay that since its organization
Savings Life Assurance Society If New York
Recently made careful inquiry into its Affairs mt as a rsut of my nvesuga-
un. the correctness of its business methods and its ability to carry out rs con-
tracts Yours very truly.
PROvlDENT SAVINGS LIFE ASSUR-
AAs@r c@~s--N