Pine Bluff daily graphic., 1902-07-04
lie and 6aeid8nt Insurance.
z. II. NJ. MILLS & SONS,
Pine BB.uf1, Ark,

the IraFeierS insurance company
1p to January 1902, had paid policy
holders claims amounting to SAG 6,o83,-
S6S.05, and will pay policy holders
this year between four and five million
dollars.
The Travellers ranks first for prompt
payment Of claims. as an Illustration
Of this, the late John W. Sullivan
formerly of Pine Bluff held Trav-
elers life policy for $4,000. On Decem-
Der /, 1901, he died at Newport, Ark,
on December 13 Mrs. Sullivan notified
the company of his death; on Decem
Der %, just ten days after, Mrs. Sulll-
van received a draft for 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
fifteen payment policy for the same
rate as the metual companies (sueh
as the New York Life, Mutual Life,
EdIitabie and Massachusetts,
charge for mutual twenty
payment life policy, the saving
OF ai7eZ fall years premiums and
gatgiII# through paying premiums to
the company in fifteen years instead
ol.t8eaty years means a great deal 20
H4licE=G3ider,
The line Of policies written by the
Travellers include ten, fifteen and
twenty premium policies, per cent
g6ld bonds and endowment policies.=
Fhe 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 depositiHg premiums with the
company and in addition to the lnsur
ance. he receives interest Oh every
dollar he pays them.
Supposing a man is thirty years CT
age and takes twenty year $lo,ooo
in the Travellers, if he dies before he
is fifty years old the company pays
his family $4,000 in cash. but If he
lives to be fifty years old be himself
draws the $4,000 in cash. Should ne
not want it all in cash the company
will pay him a cash dividend OF S4,-
$50. and then at his death pay tag
family $4,000, making total OF SD
$40.
All policies of the Travellers are
written with the latest non-forfeltaole
features. and if on account OF 1nabll-
ity to pay premium the insured does
rot 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
anv security. except the policy, $3,74o,
or the company vtQ keep him insur-
cd free for ten more years, when the
comnanv will return in cash to the IN,
sured $3.50, Q rnearly the entire pre-.
milms paid the frs ten years, IN fact
the net cost Of the insurance under
this option is less than $40 year for
the twenty years on $4,000 endoW-
ment policy.
#. however, the insured pays all the
twenty premiums diiti ii % - ~ A1Ass
years of age when he collects the
policy he has had the benefit of TWEEN
fv years insurance for $4,000 at net
profit to himself of S65,3s a year more
than his premium cost him.
A number of prominent business
men and bankers in Pine Bluff are
owners of this kind Of policy in the
Travellers.
II you intend to take life insurance,
Won should investigate the contracts
of the Travellers. The agents of the
company will be slad to explain the
different kinds OF insurance and quote
you the eompany's. rates for the
amount and kind Of insurance yo'
wish to carry.
The company writes policies for 81,
0oo or more, the limit On one life is
$4,000.
Ali the values given for Travellers
polfcies are guaranteed; no estimate
about it. Everything the Travellers
agrees 70 do is plainly stated in the
contract. MORAL: INSURE IN THE
TRAVELLERS.