Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1909-11-30
INSURED FOR A MILLION
Woman Is Head of a Big Business
in Chicago.

Woman Is Head of a Big Business
in Chicago.
By taking out a life insurance policy
for 100000 Mrs. Charles Netcher,
owner of a big Chicago department
store, has become the most heavily in
sured woman in the world.
The grand total of all Mrs. Netcher's
policies is now S1,OOO,OOO. AS far as
is known, this is the most life insur-
ance carried by any woman. The late
Mrs. Leland Stanford's line of insur-
ance was a like amount.
The additional 100000 of Mrs.
Netcher was placed by the Chicago
manager of one of the big New York
companies. Having already insured
Mrs. Netcher in his company for its
individual limit on a feminine risk, he
was authorized to handle the addition
al for another company, and this COM
pany has taken the entire amount.
Mrs. Netcher stated that she was
taking out the additional insurance to
protect her large business interests.
She is following in the footsteps of her
late husband in taking out heavy life
insurance. When he decided to erect
q big building in 1904 Mr.. Netcher took
out policies aggregating $5O0000, so
that the extensive plans might not
be interfered with. He died in June
of the same year.
First Policy For S5oo,ooo.
In October of 1904 Mrs. Netcher, hav-
ing taken up the business, contracted
for insurance aggregating $5OOOO0 in
four of the large eastern companies.
Since then she had increased her line
100000, and her last addition brings
the total to an even $1,OOO,O0O.
Before taking out her first policy
Mrs. Netcher studied the life insurance
proposition for some time and had her
own ideas as to just what sort OF
policy she desired. She discussed the
matter for some time with the repre-
sentativcs of the company. and finally
an agreement was reached satisfac-
tory to herself and the companies.
Just what yearly premiums she pays
on her policies the companies decline
TO state, but it is understood that her
rate is higher than ;hat paid by Mr.
Netcher The annual premium, which
he paid only once on his 100000, was
$19,94O
Mrs. Netcher's business acumen has
been shown in her successful manage
n,ent of affairs since her husbands
death
Other Women With High Insurance.
Miss Helen Gould. after Mrs. Netch-
er, is said to be the heaviest insured
woman in the country, her policies
reaching above the $500, OoO mark.
n number of Chicago women carry
heavy insurance policies, the list in
Guiding Mrs. Francis Carolan and Mrs.
L. o. LowGen, daughters of the late
George NJ Pullman: Mrs. Maldwin
Drummond, formerly Mrs. Marshall
Field, Jr., and Mrs. A. J. Graham,
wife of the banker. Their aggregate
policies are as follows:
Mrs. Francis Carolan, S250,0O0; Mrs.
f. o. Lowden. $2JO,OOO; Mrs. A. j.
Graham, 500 900; Mrs. Maldwin Drum
mond, 100000.
A number % women of the Euro
pean nobility carry large lines of in
surance to protect their interests where
estates are entaIled; but. as far as is
known, none of these approaches Mrs.
Netcher as far as aggregate insurance
IS concerned.
Actresses and grand opera singers in
many cases carry much insurance
Anna Held is insured for 100000,
Nine Nordica has line of $4,000,
and Maude Adams carries insurance
OF $4,000.