Pine Bluff daily graphic., 1902-07-01

The Travellers Insurance company
I'D to January 1902, had paid policy
holders .Iaims amounting to s46,oS3'
s6s.o5 and will pay policy holders
this wear between four and five million
dollars.
The Travellers ranks first for prompt
,av,lent of claims. as an Illustration
Nl1lleis. the late John W. sullivan
drmerly of Pine Bluff held a IraV-
o,ors life policy for $4,000. On Decem-
ker 1. 1901, he died at Newport, Ark,
A4December 13 Mrs. Sullivan notified
se company of his death; on Decem
Er %. lust ten days after, Mrs. 'Sulll-
yan received draft for the policy.
The Travellers issues all the staho'
ard forms of guaranteed policies, and
issues them for about % per cent less
premium than is charged by otheI
standard companies writing business
in Pine Bluff. The Travellers write
fifteen payment policy for the same
rate as the mutual companies tsuch
as the New York Life, Mutual Llfe'
Foritable and Massachusetts,
charge for a mutual twenty
navment life policy, the saving
of ave full years premiums ana
getting through paving premiums 70
the company in fifteen years instead
Of twenty years means great deal 20
a policy holder. -.
The line of policies written by the
Travellers include ten, fifteen and
twenty premium policies, per cent
gold bonds aad endowment policies.
The endowment policies of the
Travellers operate in the same way as
nutting money in q savings bank, the
nolicy holder IS insured all the time
he is depositing premiums with inc
company and in addition to the lnsuf
ance. he receives interest on every
dollar he pays them.
Supposing man is thirty years OF
age and takes twenty year slo'oVo
in the Travellers, if he dies before he
is fifty years old the company pays
his family $4,000 in cash, but II ne
lives to be fifty years Old ne hlmse1
draws the $4,000 in cash. Should he
not want it all in cash the company
I.,vil1 nav him a cash dividend OF $4,7
k9o and then at his death pay das
! \ ally $4,000, making total OF sfaA
D.
All policies of the Travellers art
written with the latest -brfeitabl
features and if on account OF lnabl
ity to pay premium the insured dog
not lose what he has alread' paid th
company. To Illustrate this on th
above twenty year endowment, shoul
insured pay, say, ten Of the premlums
the company would loan hh withoC
any security, except the polcy, $3,l4,
or the company Will keep hlm lnsul'
ed free for ten more years When th
company will return in cas- to the II
sured $3.50, o NEARLY theentire prf
.miums paid the first ten yars, in faf
the net cost of the insuNnce undq
this option is less than s2ta year fd
the twenty years on $1,000 endov-
ment policy
If however, the insured ays all the
twenty premiums and livesto be fifty
years of age when he ollects the
policy he has had the benat of tWen-
ty years insura nee for $1,000 at ret
profit to himself Of $65.3S ayear more
tfsan his premium cost hin.
sft, "A number OF prominen business
!" men and bankers in Pine Bluff are
owners of this kind of pc dcy in the
Travellers.
If you intend to take lifdnsurance,
you should Investigate hscontracts
of the TraveleY The agFs OF the
company will be glad to eplain the
different kindslof insuranc&nd quote
you the company's rates for the
amount and kind of insuhce YOU
wish to carry.
The company writes polio Is for ST.,
| 900 or more, tie limit on te life is
/ $25,O0O.
7 All the values given for Travellers
/ ,solicies are gmranteed; ndestimate
@At it. Everything the Travellers
{ S~Agfees to do Is plainly statl in the
| contract. MORAL: INSURl IN THE
FRAVELERS.s