Pine Bluff daily graphic., 1902-05-19
Pine Bluff, Ark.
. travellers Insurance company

r,o travellers Insurance company
- January /, 1902, had paid policy,
W ,,,rs, laims amounting to s46,033,-
ose NJ and will pay policy holders
~. w.. ,esr between four and five million
dollars.
payment Of claims. as an lllustFat'0n
.,is the late John ". Sullivan
,s.rnorlv CT Pine Bluff held TRAY
s,ars life policy for $4,000. On Deeem.
ser ! 1901, he died at Newport, Ark,
:. nocember 13 Mrs. Sullivan notified
tbe company Of his death; On Decem
har % Just ten days after, Mrs. sulli-
ron received draft for the policy,
The Travellers issues al tie stand
,~a forms Of guaranteed policies, and
;ssros them for about 20 per cent less
rrpn,tum thaa is charged by other
s+ordard companies writing business
~ pine BIuef. The Travellers write 3
afteen payment policy for the same
rate as the nutual companies tsueh
.s the New York Life, Mutual Life,
Eouitable and Massachusetts,
ct,arrs ior nutal twenty
nsyment life policy, the saving
of five full years premiums ard
aetying thro0:sl4 paying premiums to
the company III fifteen years instead
of twenty years means q great deal TO
policy-hoider
The line of policies written by ths
Travellers include ten, fifteen an
twenty premium policies. 5 per cen'
gold bonds and endowment policies.
The endowment policies Of the
Travellers operate III the same way as
putting money in savings bank. tie
policy holder is insured all the time
he is depositirg premiums with the
company and in addition to the in2Hr
ance, he receives interest On every
dollar he pays them.
Supposing a ,aan IS thirty years OF
age and takes a twenty year $4,000
in the Travelars, if he dies before he
is fifty years old the company pays
his family $4,000 in cash, but if he
lives to be fEty years old he himself
draws the $4,000 ia cash. Should he
not want it eli in cash the con p3ng
will pay him cash dividend Of s.,
92G, and then at his death pay :
family SO 0,0o0. making a total # :. -.
92o
All policies OF the Travellers ar
written with the latest non-forfeitable
features. aid + on account of inabit
ity to pay premium the insured doe
not lose what he has aiready paid t.5
company. To illustrate 11i@ III til
above twenty year endowment, sh03is
insured pay, say. ten of TIE premiums
the company would loan him without
any security, except tie policy, $@.71 ~,
or the company will keep rim insur.
ed free for ten more years. when the
company viii return in cash 10 the III.
sured s22.@So. D rnearly the entire pre-
miuins paid the first ten years. in fact
the net cos OF the insurance under
this option is less than So q year for
the twenty years on $4,000 endow-
ment policy.
#, however the insured pays all the
twenty premiums and lives to be fifty
years Of age when he collects the
policy ne has had the benefit CT twen-
ty years insurance for $4,000 at a net
profit to himself Of SG5."S Z year mo.,
than his premium cost him.
4 1Nmoer OF prominent business
M @rd bankers in Pine B}uff asa
owners Of this kind OF policy II the
Travellers.
I you intend to take life insurance,
gou should Investigate the contracts
o. the Travellers. The agents of tha
company viii be glad to explain the
dllfe:ont kinds Of insurance ana quote
yQQ {he comrany's rates for the
ani9',ll and kind of insurance yo1
Es:h TO carry.
A7 company writes policies for 81,
Wv OF rcore, the limit on one ,;se is,
s-7,oo0.
~ tue values given tor ITaNe.s,i
poHclts5 are guaranteed: no e-tiGe.
aoQ1t Il. Est tt..ssi.fe 9He Trar-ie
ssG4es 10 Do i plainly stated in :ht
contract. MORAL: INSCEt. IN TEil,
TRAVELLERS.