Eagle River review. [volume] (Eagle River, Wis.) 1890-1927, 1905-10-20
INSURANCE
A BulWark AGAIN..
THE EVENING WTSrn,"aat
w ATTJrJNr CONNlN ii

~ ACNlJANTN W
The concensus of onin;oaae -,
the insurance Investigation mn n ress
gress in New York is that III i NOW now
ate in good for insurers It ~. VIII "
Even the most pessimist;1o and I'M
the principle of life insnr ~ noppoaaS
NIT that better conditions uITe mus
purlhcatIon, not only for the III o os.ae
which have been soreiy s str Goaps
result OF the moral lap. es os *
Gals, but for the compan an VI l4f
suffering vicariously under ~. wla
distrust that has been rsst @e saadA
rate management generally 0p0a
Society cannot afford to i.tb,.
life insurance because Of tb 'n' NV VI
of high officials in one or 1--WE ro teas
The principle of protection nv f eoapa
pendent through proyision fn ,Or To
to them of sufficient TO kaon vi Il pan
want from the door is 50 clo oas Wy
woven with the social fabric ,oS ~ Y
were possible to eliminate i ilsl
the social order would sufo, "
strain. Public duty and nriv 1 q
thropy would together be nnaSIa
the appeals for assistance from "
and children bereft of their r' h. sa
ners. A large proportion Of ~ "t,t
600 policy holders IN the Un;to,I
have by their wise provision fo' y
ture insured organized sociaty a
as their loved ones against tho az ~
cident to sudden dependence ~"
without number could be cited !,
large city of the United STATE.
the death payments of life in,,
companies have saved wives and I aSs5
from actual want, and made i NY, uaA
for widows to rear their childragn,
way to make them useful mqm5,I
society. 1t would be interesting t0 y
how much Of the total of insur9n %e !.
in the United States constitntas
wark against poverty. A lsr,s
of the $11,179.142,711 of outSf,,
insurance would und0ubtedly an .a
sis, be found to be protection n /
vital character.
Bringing the subject close TO ham.
people of the Northwest have N /
history of the Northwestern MutusI
Insurance Company of NIiwarF..
company of which every resident # /
Northwest has special reason n /
proud-a record which shows how \,
a well-conducted life insurance Comm
contributes to the support of the #
ing social order. The first rpcOI
losses paid is that for the year ensI
June /, 1860, $500 goodly sum
young company in those times If i
neering in life insurance, but N
pittance in comparison with the piDs
amount now paid out annually for NJ
losses. The death payments incrgl
in logical proportion to the comns|
business, and in ten years Jan. l. iii
reached O $443, 442.S quite NJ
amount, yet still small in comDalsl
with the amount now annually Da1]
the benefciaries of the insured, n
the year ending Jan. |, 1886, the did
payments surpassed the million marx 4
the first time, aggregating ST. 449OlAAl
Since that time they have increased II
the company's immense business d
to-day the payments on account Of I'D
losses approXimates seven millions i
nually. The exact figures for the ID
ending Jan. /, 1905, are $G,9S5,48i
Since its organization the NOrtlVa
ern Mutual Life Insurance Company
paid death claims to the aggregate
$7S, $50, 1926. This enormous sum
money has contributed in no small
gree to the welfare eff society as avid
The prompt payment of the death Gll
has in thousands of instances made
possible for helpless widows to \
along" without appealing to public CHI
ity or private philanthropy.
The Northwestern Mutual Life I'M
ance Company's management has y
unswervingly honest, and its history
been an open book from which theI
sured could read the records at will |
officers of the company have no y
lines" of official interest. They are
voted solely to the conservation Of
interests of the policy holders, who
with them mutually concerned ID
well-being of the corporation. FBt
of the most substantial life INSURE
companies in the United States and
record is absolutely stainless.