Pine Bluff daily graphic., 1902-07-23
pifse Blu.5, Ark.

The Travellers Insurance eo4paag
70 to Jaauars 19e2. had PAD policy
hoIders claims amounting to 5000,
1885,. and viii pay policy holders
tais year between four ard five million
dollars
The Traye7ers ran'.s first for p1omp1
.ayment of claims. as an Illustration
i this, the late John W. Sullivan
formerly ot Pine Bluff held a Tray,
zlars life policy for $4,000 Ca Decgta
ser {. 1897, he died at Newport, Arb.
on December 13 Mrs. Sullivan nos56sa
he company Of his death; Oh Daee'G
5ar =. jasf ter days after. Mis-. sun
sa4 received a draft for the policy
aua Travellers issues all the sla2d.
ard forms Of guaranteed policies, and
issues them fer about 70 PEI cent less
54amiam thaa IS charged by otter
standard companies writing business
j. Pine Bluff. The Travellers write =
afteen payment policy fer tue same
ate as the mctaal companies (sueh
= the New York Life, Mutual Life,
equitable and Massachusetts1
,harge for mutual twenty
aayment life policy, the saving
f five full years premiums and
Getting through paying premiums to
the company in fifteen years instead
Of twenty years means a great deal to
I policy-holder.
The line OF policies written by the
Travellers include ten, fifteen and
wenty premium policies, 5 per cent
zoid bonds and endowment policies.
The endowment policies OF the
travellers operate in the same way as
putting money ia savings bank, the
}olicy holder is insured all the time
.e is depositing premiums with the
company and in addition to the insur'
.nca. he receives interest on every
Iollar he pays them.
Supposing a man is thirty years OF
.re and takes a twenty year $l0,0o0
Il the Travellers, if he dies before he
: fifty years old the company pays
is family s10.tO0 in cash, but if he
ives to he fifty years old he himself
draws the $4,000 in cash. Should be
a9t want it all in cash the company
yiil pay him d cash dividend OF s4,-
OF -
anlily $4,000, making a total g ",
920.
All policies of the Travellers are
eIitten with the latest non-forfeitahle
eatures. and if on account of inaoil-
ity to pay premium the insured does
aot 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
my security, except the policy, S3,74G,
n the company will keep him insur'
a,l free for ten more years, when the
company will return in cash to the in
sured $3,9SO, rnearly the entire pre-
niums paid the frs. ten years, in fact
the net cost of the insurance under
this option is less than $50 year for
the twenty years on a $4,000 endoW-
nent 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 twen-
ty years insurance for SO, 900 at net
profit to himself of S65.3S year more
than his premium cost him.
A number of prominent business
nea 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
II the Travellers. The agents of the
company will be glad to explain TIE
different kinds of insurance and quote
you the companys rates for the
amount and kind of insurance yo1
gish to carry.
The company writes policies for ST..
o00 or more, the limit On one life is
$4,000.
All the values given for Travellers
policies are guaranteed; no estimate
about it, Everything the Travellers
s,rees to do is plainly stated IL The
,ontract. MORAL: INSURE IN THE
travellers.