The Hawaiian star. [volume] (Honolulu [Oahu]) 1893-1912, 1905-07-24


To cougar period policies. .S24g827S7
10 l5-year period policies 5536259
10 Io-year period policies .,............... $4,000
TO Swear period policies Observation-Disclosures. 3o3837
To annual dividend policies ................. 86S053
This is the fund poch are largely insured
against old age SO to spehe fund out OF which himself
derive cash benefit after he has passed the which his family
himself
"A great lie insurance company once becomes almost
part OF the public service 1t owned by the people should be
not only Tor the best interests OF its own members, but
50 as to help rather than njue the large
classes and investing it for them at wholesale and this is done hon.
esty ably for the very broaes and best interests of the
entire nation mutual where there capital
where the business belongs in its entirety its membershoud be
managed that insurance OF the very best quality that
sure against almost thing and everything that arise mans
be furnished at the lowest possible net cost covering
period OF years The larger the company becomes, the fecua
ny ought accomplish both OF these objects To the that they
ue Will be accomplished governmental regulation and supervision
should hedge them about with safeguard consistent with
large American companies today is not out proportion to
the wealth OF the country is certainly splendid thing Tor mil
billion dollars and be handling through board OF managers
for one common end provided OF course that the through whom
Itey handling honest and able; these million
government that that able and honest management
given to this great and sacred trust
The present American insurance policy free from conditions free
from restrictions to travel residence place time of
death unmatched its benefits options the policy holder could
never have been evolved and issued with degree OF safety all
the company issuing American companies been able
Ito popua that they large Volumes
obtaining distribution of their business among all classes society
and all kinds OF occupations in such give them expert
valuable that for the last dozen fifteen years they have
and
mot insure for a given premium.
Lie insurance has passed its experimental stage America
fathers and our gandathe had to for this experience
which we and especially our children are to benefit by but this is an
old story and what the Pilgrims did in other in the earlier days
OF country.
The life insurance that being this country today by
leading companies with any kind OF honest able management ought
not to cost the pocyhode much thousand
last twenty years
insurance business remembers the period when life insurance
of responsibility realizes that his life valuable that ought
Certainly community large as interested in
having valuable life against having
piece of property insured against destruction by fire The business
point Of the wholesale plan The insurance companies
ought and operate the territory middle should be elm
mated and policy holders should deal with in the direct employ
of the investments should be made securities which
valued by the officers OF the company who make the
put which are valued on all the exchanges the world The assets
should be published detail that polyhoder given list
himself the companys holdings
which such complete publicity should be required by law in life
During the last years development has about
1.-THE business that iSseXemey promising the this
try the insurance that being taken for the part
small policies by young men who not yet married but hope to be-
This money these young putting into life insurance premiums
where $40 $50 year them nsuran
whereas such small sum OF money hardly worth saving in view
o what ordinarily be done with anything else This nsuring
by Of their own lives quite valuable to the community
as to the young man himself because teaches thrift and saving the
livery time in young mans lie when is OF the value Lie
insurance public blessing 1t should be the government policy
foster the growth and development OF the business but at the same
time to hedge about with such restrictions will make safer than
There number OF very large and active companies doing
business in the United States No them operating along
exactly the lines All OF them have had Approximately half
century OF experience They doing the pubc business with the
publs Why should the public through proper
federal make investigation of life
methods the that the methods and the
best management be made obligatory al?'
70 o eha-
na Alumni
I
o
largea show itsefv