The Bennington evening banner. (Bennington, Vt.) 19??-1961, 1910-02-15

FIXED FOR LIFE
Results of Wise investment In a
Life Insurance Policy

'f-~~f 1-tt~~ Att-l
Life insurance is becoming a lar
ger factor in the life of the country
than ever before; its more perfect
adoption to modern conditions ha:
greatly increased its usefulness t.
the community.
The man who has insured his life
for the protection of his wife ano
children realizes that there is a pos
slblllty anyway and in many cases
even a probability of the proceeds OF
MS Insurance policy if paid in lump
sum, being wasted or unwisely invest.
ed, and his benevolent purpose frus.
trated He knows that stocks do not
always pay the dividends expected,
that well selected mortgages are good
but require expert attention and the
payment OF taxes; that real estate al
so calls for careful business manage
ment, as well as the payment Of tax
es, insurance and repairs; that bonds
even when purchased ny experienced
business men do not always pan out
as expected.
Here is where the modern life in
surance policy, as Issued by the
Northwestern Mutual Life, fills the
need Of the thinking man as nothing
else can.
A prominent New England bust.
hess man who had a 100000 policy
in the Northwestern died in 1905.
he had wife and four children. aged
fourteen, nine, six and five r,sbec.
lively by instructions Orrcvocable
except by himselO he directed the
Northwestern to pay The proceeds of
This policy partly to his wife in lump
sum, partly 70 her in income for 25
years ana the rest to his children in
children were made as follows:
S&OOO in one sum to wife, amount
Ing with additions to S2l,SOS.96.
$4,000 In % annual instalments
each installment being $2,142.S4.
$4,000 to child of four in annual
income for life of S44S.92.
$4,000 to child of six in annual in
come for life of S452.52.
$1,000 to child of nine in annual
income for life Of S45792.
Sll,5OO to child of fourteen in an
nual income for life of S44S15.
The above are the guaranteed in
comes provided by the policy at the
time of the insured's death The ae.
tual incomes paid by the company
are considerably larger because of
the payment of annual dividends. For
instance in 1909 payments to the
children We're made as follos.
lnstallment to child of four in
creased from $44S.92 to S59496.
lnstallment to child of six increas
ed from S452.52 to S59S.44.
lnsiallment to child of nine increas-
ed from Si5792 to $603.4S.
lnstallment to child fourteen IN.
creased from Si4S15 to S5S719.
Any of these annual payments may
be paid monthly, quarterly or semi
as desired.
In this way this gentleman not only
provided for the immediate needs Of
his family, as he saw them but made
certain the continuance Of specified
incomes to his wife and children free
from the risks of investment, free Of
taxes and as safe as anything human
can be.
Not only do these policies contain
provisions that permit the insured to
arrange for the payment of the pro.
ceeds in any imaginable combination
Of the above ways but allow for the
ready change of any OF the methods
Of payment to meet changed condit.
ions. They are in short both broad
and flexible
When it is realized that but 5 Der
cent of men engaged in business sue
'eed to the extent of leaving an es
ate of $4,000 or over, the hold that
life insurance has secured in this
country is well accounted for.
L. S. Norton, State Agent.