Pine Bluff daily graphic., 1902-06-15
Assets, Surplus,
SIS, 900, 900. S., 1000.
The
Travellers Insurance Co.
of Hartford, Conn.
life and accident Insurance.
K. II. NJ. MILLS & SONS,
Resident Agts..
Pine Bluff, Ark.

The Travellers Insurance company
up to January 1902, had paid policy
holders claims amounting to SAG 6.0S3.-
S6S.05, and will pay policy holders
this year between four and five million
dollars
The Travellers ranks first for promW
payment of claims. as an illustration
of this. the late John ". Sullivan
! formerly of Pine Bluff held a TRAY
elers life policy for $4,000. On Decem-
Der 1, 1901, he died at Newport, Ark,
on December Is Mrs. Sullivan notified
the company of his death; on Deeem
Der %, just ten days after Mrs. Sulli-
van received a draft fer 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 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 a mutual twenty
payment life policy, the saving
OF five full years premiums and
getting through paying premiums to
the company in fifteen years instead
of twenty years means a great deal TO
a policy-holder.
The line of policies written by the
Travellers include ten, fifteen and
twenty premium policies, per cen,
gold 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 depositing premiums with the
company and in addition to the insur'
ance, he receives interest on every
dollar he pays them.
! Supposing 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
his family $4,000 in cash, but il 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 a cash dividend of $4,-
92O, and then at his death pay Lls
! family $4,000, making a total Of su4, ;.
92O.
All policies of the Travellers are
written with the latest non-forfeitable
features, and il 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. 1910,
or the company will keep him insur-
ed free for ten more years, when the
company will return in cash to the in
sured $3.50, rnearly the entire pre-
miums paid the first ten years, in fact
the net cost of the insurance under
this option is less than $50 year for
the twenty years on $4,000 endow-
ment policy.
If. however, the insured pays all the
| wenty premiums and lives to be fifty
ears Of age when he collects tn
| ,olicy he has had the benefit of twel
V years insurance for $4,000 at ne
| eofit to himself of $653S year MOI
| han his premium cost him.
A number Of prominent husine>
| 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
If 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 yor
wish to carry.
| The company writes policies for 81, ,
600 or more, the limit on one life is
| $4,000.
| All the values given for Traveller
policies are guaranteed; no estimat
about it. Everything the Traveller
agrees to do is plainly stated in tn,
| contract. MORAL: INSURE IN TILL
| TRAVELLERS.