The Cairo bulletin. (Cairo, Ill.) 1???-1928, 1906-12-27

tabcsIncreas Life Endowment policies and Twenty
year Endowmens forming very large proportion in some
80 OF toa business One disadvantage
OF this table has been that largely increased the
Our chdrens Increasing Life aad Endowment policies have
wards according issue Compared with the Whole Life
tables sued by other companies these have necessary
the accumulation of increase of millions Of dollars
reserve unthniak to the conclusion that this
lpes Up The wealth OF the company forgetting mat along with
the increase the increase Of liabilities
the wealth a company consists its surplus;
ipeey overlooking the remarkable fact that we have deer
lately kept down our surplus 70 about ten per cent of
Ito the pocyhoders who contributed Public opinion
Iclanged and for death benefits than
good deal OF evidence that Ordinary Life and Limited Pay
ment Life thought preferable Edowmen we
Endowment pol cies which designed the public
Our Industrial policies will therefore be Whole Life
tracts BUT think that there belief
len the OF the public that payment Of premiums ought to
cease with old is hard for people what
mahemat clan IS sefeYdent that in life insurance the com
panies enabled to the policies in fill lives those
who die seen after insurance only by the receipt OF premiums
the apparent hardship those who live long is only the
n insurance However it is possible of course to make tables
for limited payments and the problem therefore
is The in Industrial insurance where the unit is the
premium and not the amount Of Insurance. to reduce the bene
unduy and the other hand fix the old that
The benefits Of the limits OF payment q premum shall be os
benefits e and because received many
age And to the occasional complaint people live
such age" may answer shall have
voluntarily matter of paid about 200 claims En-
policies issued Whole Life reaching
shall put 1907 tables in the Industrial
age after paying premiums for Is years Of over
Constructing principles
Whole Life instead of Endowmens mortality
instead of old oadig propooned to reduced
expenses the payment premiums after To
department which better than has hereafor
issued better than have before thse safe 70
issue
The most striking change Infanle table because
there substitute Life tables with payment of premiums lin
comparatively short Increasing Endowment
tables therefore enabled to in benefits
what have been compelled to hold liability upon
the endowment features
lnfantie tables will pay nearly much in death
benefits weekly premium of five cents hereto
desood that the law fixes maximum Of benefits payable upon
children this exceed We therefore
ed the benefits the later persistence Thus
entry the benefits in of death nine is SlJ
while the benefits three dying nine is $3.50
and the entry dying at nine is $lG5
This recognition of the additional for
which have been paid by those entering earlier
that hereafter policy viii
be Infanlc ables for premium OF more
than And desire for less insurance e
pecaIy in families have table with proporio- ate
benefits a weekly premium Ct three cents.
of benefits for the
2l2 present Life table and
per Increasing Life and Endowment
table 20 The nine cent aud over
respectively 80 the increase nearly
nearly 20 per cent respectively 10 the i'm
per Is cent respectively and
comparing these tables with Whole Life
tables with those Of most Of the other Industrial compane