Pine Bluff daily graphic., 1902-05-20
Pine Bluff, Ark.

rso Travellers Insurance company
- January /. 1902, had paid policy
us,ae,s, W s9ains amounting to s46,oS3..
aer AZ and will pay policy holders
~. ,oer between four and five million
dollars.
r,o travellers ranks first for prompt
payment Of claims. as an Illustration
:, This the late John ". Sullivan
- formerly Of Pine Bluff held Trav.
o,ors life policy for $4,000. On Decem
,o,1 1901. he died at Newport, Ark,
M w december IS Mrs. Sullivan notified
W. company of his death: on Deceui
NV % lust ten days after, Mrs. Sull
ron received a draft for the policy.
The Travellers issues all the stand.
ora forms of guaranteed policies, and
issues them for about 20 per cent less
n,eniur than is charged by other
s,aodard companies writing business
in Pine Bluff. The Travellers write
ftteen payment policy for the same
rate as the mutual companies (such
as the New York Life, Mutual Life.
ro4:-a171e and Massachusetts,
charge for mutual twenty
naynlent life policy the saving
Ct FIVE full years premiums and
getting through paying premiums to
the company in fifteen years instead
OF twenty years means a great deal 70
d policy holder.
The line of policies written by the
Travellers include ten. fifteen and
twenty premium policies, per cent
gola bonds and endowment policies
Fhe endowment policies Of the
Travellers operate il the same way as
putting money in Z savings bank the
polly holder is insured all the time
he is aepesitiog premiums &ith the
company a2a IN edition to the insar
s1ca - gaceives interest on ever!
dol!a,# ,se paEs them.
Sl9pcsiag a :slan < thirty years OF
az aud takes z twenty year $4,000
in TIE, Travellers. if he dies before he
is aiIy years ola the company pays
his family So roo il cash, but if he
lives 10 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 & cash dividend of 81,
go, and then at his death pay -
family ST., 900, making total Of , -,
920
of "a
written with the latest nonfOrfeitab1e
features. and if on account Of inabll-
ity to pay premium the insured does
not lose what he has already paid the
company. To illustrate this on the
above twenty wear endowment. should
ins1-ed pay. say, ten CT the premiums,
the company would loan him without
any security. except the policy, s3,740,
or the company will keep him insur.
ed free for ten more years, when the
CON pany 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.
II, 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 $4,000 at net
profit to himself IF sG5.3S year more
than his premium cest him.
A number Of prominent business
me-: and bankers in Pine Bluff are
owners of this kind Of policy in the
Travellers.
II you intend to take 'ife insurance.
yo2 should Investigate the contracts
CT the Travellers. The agents of the
company will be glad to explain the
different kinds Of insurance and quote
you the companys rates for the
amount and kind of insurance yor
wish to carry.
The company writes policies for 81.
0O0 or more, tie limit on one life is
$15.O0o.
Al the values given for Travellers
POLICIES are guaranteed; no estimate
about Il. ything the Travellers
agrees 10 do IS plainly stated in the
tCnt.act.. MORAL: INSURE IN THE
TRAVELLERS.