Cameron County press. [volume] (Emporium, Cameron County, Pa.) 1866-1922, 1905-07-13
The Great Canadian Assurance Co.

readers will see an advertisement of
the Sun Life Assurance Company of
| Montreal, Canada. This company is
deserving of the confidence of the
| people because of it's fair dealing to its
! policy holders and the liberality of its
contracts The Canadian Companies
embody many things that at present
/ our own companies do not. The ex-
posures of the Equitable Life Insurance
| Company and the allegations made by
Mr.. Lawson develope the fact that
! there are some serious defects in our
insurance laws President Roosevelt
in his last message to Congress ur-
| gently recommended that national
! bureau of insurance should be estab-
/ lished. At present all insurance legis-
lation is by states, and unfortunately
it is too much for the protection of the
! management and too little for the pro-
lection of the policy holders On the
1 other hand the Canadian Companies
are under national supervision and it
| is recognized that the insurance laws
/ of Canada are the best in the world.
| So strict are the laws of Canada that
no regular life insurance company in
| that country has ever failed or has
/ policy holder ever lost a penny, con-
! sequently person insuring in the Sun
Life Assurance Company Of Canada
has not only the protection of the
! splendid laws of Canada, but also the
! same protection that he would have in
| any home company because the Sun
! Life Assurance Company Of Canada
has to comply with every law and
every requirement that any home COM
! pany has to The Sun Life not only
! issues all the regular forms of policies
that ali other companies do, but it
makes specially of what is known as
the triplet policies and the life income
endowment.
A Life Income Endowment is
| policy that allows the assured to make
an absolute protection for himself and
his beneficiary as follows:
In case the assured dies during his
term Of 30 years the company will pay
from $50 to 1000 year to the bene.
ficiary for 20 years and as long there
after as the beneficiary may live, but
| should the assured survive the 20 years.
the income of $50 to $1,000 year will
revert to him as long as he lives and
should his beneficiary survive him the
amount will continue to be paid the
reminder of the beneficiary's life. So
under that system anyone during their
| producing years can secure an abso-
Lutte income for themselves and those
dependent upon them the remainder
oftheir lives.
The Triplet form is combination of
regular insurance and income. For
example: A person takes a $4,000
triplet policy. In case of his decease,
the company Immediately pays $4,000
to the beneficiary and after paying the
$4,000 they will pay another $40, 900 in
20 annual installmens fS500 each, and
after paying the 20 installments of
$500, they will pay another sum
| $4,000. In other words the $4,000
triplet insurance secures to the estate
J $4,000 at cost of about of what the
same amount of insurance would call
for on the regular forms. Then again
the Sun Life has a system by which it
will issue policies from $125 to $1,000
on the different forms of Life, 20. Pay
ment Life, and 20 Year Endowment to
any who desire to take regular life in
surance, but cannot see their way to
pay for $1,000 and upwards. The
smaller policies of $3.50 and $500 have
the same equities and surrender values
as the large policies have, the chief
difference being that the results in.
stead of being estimated are guaran-
teed. To any desiring up.to-date, first
class insurance contracts, it would be
we'll to investigate the contracts of the
Sun Life Assurance Company of Can
ada. We will cheerfully give any in
formation at this office.
MIR. Pyle, at present located at New
Warner, Emporium, is acting as an
assistant to the management of the
Erie Office and will not only be pleas
ed to give all terms and rates, but also
| give information to any who desire to
act as agents.
|