Pine Bluff daily graphic., 1902-08-11

/ The Travellers Insurance company
up to January 1902, had paid policy
holders claims amounting to s46,es3
ses.o5. and will pay policy holder
this year between four and five mlllloa
dollars.
The Trave1ers ranks first for proIT'
J payment Of claims. as an Illustration
of this, the late John W. Sullivan
formerly Of Pine Bluff held TraS.
elers life policy for $4,000 On Dece1a
Der 1, 1901, he died at Newport ARK.
on December IS Mrs. Sullivan not'heo
the company of his death: on Decena
ber %, Just ten days after, Mrs Sulll'
van received a draft for the policy
The Travellers issues all the stand
ard forms of guaranteed policies, ana
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 mutual companies (such
as the New York Life, Mutual Lie.
Equitable and Massachusetts,
charge for a mutual twenty
payment life policy. the saving
Of five full years premiums and
getting through paying premiums 70
the company in fifteen years Instead
of twenty years means a great ceai 20
a policy
The line of policies written by the
Travellers include ten, fifteen ana
twenty premium policies, per cent
gold bonds and endowment policies.
The endowment policies Of the
Travellers operate in the same way az
putting money in savings bank. the
policy holder is insured all the time
he is depositing premiums with the
company and in addition to the lnsuF
ance, he receives interest On ever.
dollar he pays them.
Surprising a man is thirty years OF
age and takes twenty year SO, ,00e
in the Travellers. if he dies before h.
Is fifty years old the company pays
his family s10,e00 in cash, but if he
lives 70 be fifty years old he himself
draws the $4,000 in cash. Should he
not want it all in cash the company
will pay rim a cash dividend CT s.,
920. and then at his death pay Ms
family $4,000, making a total CT .&a,.
e2O.
All policies Of the Travellers are
written with the latest non-forfeitable
features, and if on account of inabil.
ity to pay premium the insured does
not 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 iim without
any security, except the policy, 1910,
or the company will keep him insur.
ed free for ten more years. when the
company will return in cash to the in.
sured $3.50. O rrearly the entire pre-
miums paid the frs ter years, in fact
the net cost Of the insurance under
this option is less than so year for
the twenty years on a $4,000 endow.
ment policy.
II. however, the insured pays all the
twenty premiums and lives to be fifty
years CT age when he collects the
policy he has had the benefit Of twen.
ty years insurance for $4,000 at a net
profit to himself Of se53S year more
than his premium cost him.
A number of prominent business
mea and bankers in Pine Bluff are
owners of this kind Of policy in the
Travellers.
II yop intend 70 take life insurance,
you should Investigate the contracts
Of the Travellers. The agents of tbs
company will be glad to explain tie
tinierent kinds of Insurance and luGtA
von the compary's rates for the
amornt and kind Of insurance y24
His'. - earry
Is.s '-fsagnv writes policies for 81.
''i|' "r U4Qre, the limit On one life i,
a5.e77.
A. ,he values given for Travellers
policies are guaranteed: no estimate
about it. Everything the Travellers
agrees to do is plainly stated in the
-ontract. MORAL: INSURE IN TIE
TRAVELLERS.