Pine Bluff daily graphic., 1902-08-04

The Travellers Insurance coupan3
up to January 1862, had paid policy
holders claims amounting to s46,dS2
8eS.05, and will pay policy holders
this year between four and five r2iiito5
dollars.
The Travellers ranks first tor pronFt
payment of claims, as an Illustration
Of this, TIE late John 81. Sullivan
formerly of Pine Bluff held Efa
elers life policy for 34,0v3 On De@eA.
Der i, 1891, he died at Newport, Afha
on December 13 Mis-. Sullivan ne{23ee
the company of his death; on Geeen.
Der %. Just ten days after, Mrs. Sall'
van received draft for the poifes'
The Travellers issues all the stand
ard forms Of guaranteed policies, ana
issues them for about 90 per cent les&
premium than is charged by othet
standard companies writing business
in Pine Bluff. The Travellers write
fifteen payment policy for the same
rate as the mrtual companies (sueA
as the New York Life, Mutual Lie.
Equitable and Massachusetts
charge for a mutual twenty
payment life policy, the saving
OF ave full years premiums and
getting through paying premiums to
the company in fifteen years instead
Of twenty Yeas means a great deai re
a policyholder.
The line Of policies written by the
Travellers include ten, fifteen anu
twenty premium policies, 5 per cenl
geld bonds and endowment policies.
The endowment policies CT the
Travellers operate III the same Way as
putting money in a savings bank, tn,
policy holder is insured all the the
he is depos;ting premiums with the
company and in addition to the insui.
ance, he receives interest On ever:
dollar he pays them.
Surprising man is thirty years o.
age and takes twenty year $4,000
in the Travellers, if he dies before h
is fifty years old the company pays
his family $4,000 in cash, but it 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 ,a4,.
920.
All policies Of the Travellers are
written with the latest non-forfeitable
features, and il on account of inabi!.
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 nim without
any security, except the policy, 1910,
or the company will keep him insnr'
ed free for ten more years, when the
company will return in cash to the in
sured $3.50, 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 on $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 TWEEN.
ty years insurance for $4,000 at a net
profit to himself of $653S a year more
than his premium cost him.
A number of prominent business
mea 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 yoY
wish to carry.
The co:1rany writes policies for 81.
600 or more, the limit on one life is
425.coh.
al the values given for Travellers
policies are guaranteed; no estimate
about it. Everything the Travellers
agrees to dc is plainly stated in the
contract. MORAL: INSURE IN THE
TRAVELLERS.