The Indianapolis journal., 1904-06-01
LIFE INSURANCE IN 1903
INDIAN aPOLIs PAID oUT ~ INsUR-
AGE PREMIUMS $s5o,o2o.
This Cssy Is TwentS-sixth in List
showixg Amounts of Insurance i'm
Fxrce-cener"I statistics.

Indiana'uolis paid sS5O.929 in life insurance
premiunN last year according TO figures
just NAL public by the Insurance Press.
New Yoy city leads in life insurance pay
ments. ving paid last year S25.SSs 4s2. an
amount fl5,0Ooo00 larger than that Of any
other II. Philadelphia followed New
York VIA payments OF more than S9.0o0.Ooo.
and Child go was third with SS.6S0o0. There
are tw Ehty-one cities whose payments
amounte to more than 100000. Indian
apolis twenty-ninth in the list of all
the cities of importance all over the coun-
try. I
Indian epolis is twenty-sixth in the table
showineSthe amounts of insurance in force
In one 9undred cities. The insurance in
force in his city amounts to $50. 10000 New
York lefls with S2.294e4OooO Philadelphia
is secoiS with SSa3,e0e10, and Chicago
third. ! h s727sooooo
Life Asurance claims paid in Indiana
last yeaS amounted to S5059,SS9. New York.
Of cours;. is first in this table too. With
paymenfs OF more than S5SOo0,0oo. The total
amount of life insurance claims paid in
the Um.ed States and Canada last year,
ncludirG territorial possessions. was S25S.-
The tai of ordinary insurance issued
last ye{ amounted approximately. TO 81
o00.0O002 The industrial insurance issued
amount 10 about 100000.
mo 4rther evidence is needed 10 indi-
cate IN widespread recognition of the
necessity = of life insurance and the thorough
cOnfide A placed in the system says the
lnsuTaI&e Press: Were not its benefits
and pt poses so universally appreciated.
il is NJ to be presumed that the sober
and thE Elghtful men and women OF this
great l1public would give life insurance
such ar3 impressive Endorsement as is repre-
sented = a daily purchase Of $So00,0o0 insur-
ance. 4very day in the year promise is
made bf the American insurance companies
TO pay > some time SS,000,0O0 in death losses
or matt ed endowments. 10 say nothing OF
the ado donal benefits in the way OF divi-
dends I'D special privileges.
'Evely city of size is an insurance CEN
ter. II vast stream Of insurance pay
ments premiums on their way 10 the
companx and payments on the way from
the cd npany to the benefciaries-adds
greatly 70 the local business transactions
and forA considerable part OF the whole
some m4 4ney current which sustains banking
institut Sns maintains credits, preserves
familiest educates children. and in all other
ways mikes communities prosperous. Ihere
is i. king up of insurance funds IN one
place. 'he postoffice address of the head
office 4 a company may be New York,
HartfoE, Boston. Milwaukee Chicago or
elsewh but the 4 PollGyholdsrs Icy bs ,n OF ,.n6 the
hoIdsr3 ho% funds ,n''s,l'r,s - ~
AccOrS ling to the best Obtalnabie RECORDS,
two mE i'm the United States carry more
than SAO0,000 life insurance. Eight carry
81, ,O00 OOr or more. In the 10000 class IS
found dtle. In the 10000 class are found
eight The 10000 group has a member
ship of three. The $500. 600 list includes the
names IF twenty-seven. Adding together
the above classes, II is noted that there are
forty-nse individuals carrying a half mile
lion or nOre of insurance, the total sum in
sured Baching the amazing figure OF So
100000. rhe $4,000 division has a total Of
The S2CgO0O division 25S. While the 10000
class hts a magnificent enrolment of l.SH
individlSlls To sum up, there are nearly
1900 irSviduals living in America and in
slrred h American companies holding poll
cies fo.s amounts of 100000 or over, which
aggregate the stupendous total of nearly
| $3.50 OOOt0