Omaha daily bee. (Omaha [Neb.]) 187?-1922, 1911-07-03
INSUUING AGAINST ACCIDENTS
Policy Nets a Widow the ExtraOrdi.
nary Sum of $4,000.
SAID TO BE LARGEST ON RECORD
Many Forms of Protection for Men
Less Choice for women and
Premiums Charged Are
Higher.

When John NJ. Carrere died a few weeks
ago a check for $4,000 was given TO his
widow by an insurance company in which
he held an accident policy OF somewhat
peculiar form.
The size Of this check-the payment was
said TO be the largest un1uastioned personal
accident claim In the history of the lusl-
ness-attracted the attention CT a good
many persons who nad never heard CT a
special form OF accid mt policy 10, the
financially favored, as the company Puts it.
Mr.. Carrere. II will be remembered. was
riding in q taXicab when x was struck by
a trolley car and his SKILL was rractUi cd.
The surgeons performed several operations
IN an attempt to save his life. II they
had succeeded Mr.. Carrere would not have
received a cent except 81 90 for surgical
and hospital fees.
This particular form Of policy Is issued
TO men whose income does not stop II
they are temporarily LAID up Thay are
not supposed therefore to need n weekly
indemnity. SO by paying a redacsd pre-
MUM they get what is known as death
and ACKNOWLEDGMENT or 'accumulative nc-
cident" policy with the weekly indemnity
cut out. This accumulative accident in
surance is interesting
For instance Mr.. Carreres policy was
for $4,000, yet his widow received more
than twice that amount. This is the way
II happened. Under the accumulative pro-
vision the sum payable IN the event Of
death increases 8 per cent annually every
year until 50 per cent has been added Mr..
Carreres policy therefore increased in
value $500 year. He had held II three
years and II was therefore worth $3.50
That amount plus $1,000 for surgical fees,
ia what the widow would have received II
her husband had been riding in his own
carriage when he met with his injuries, or
IL he had been walking along the street and
car had knocked him down, or II he had
been out hunting and had been shot or
accidentally drowned. or had fallen out of
window or down WELL or been frozen,
or met death in any form not covered by
the double indemnity clause.
The Double Indemnity.
According to this double indemnity pro-
vision the company agrees to pay twice the
amount due provided death results from
an accident while the insured is riding on
railway passenger cars, steam, cable or
electric; on passenger steam vessels, in
passenger elevators or while in a burning
building. Taxicabs do not seem TO be COW
cred by this clause, but this particular
company so CONSTITUTES the meaning.
1t doubles the indemnity when death is
due to injuries suffered while riding in any
common carrier conveyance, including We
hicles kept for public hire. So Mr.. Car
rere's policy called for twice $57, 800, plus
$1,000 for surgical and hospital fees. This
1000 is the full allowance on a $4,000
policy and was more than reached In this
particular case. II death had been in
Simultaneous this item would not have been
paid.
The annual premium on the Carrere
policy was $3.50, or 50 a thousand. II II
had been an ordinary death and dismem-
berment accumulative policy with a pro-
vision. for paying a weekly indemnity of
$3.50 IL totally disabled. or $125 for partial
disability, the annual premium would have
been $3.50 instead of the $50 Mr.. Carrere
paid. II the policy had been taken out by
dentist or a doctor, a surgeon or an I'M
dertaker, the premium would have been
$500 year and would have had a septic
rider attached. This would have insured
against blood poisoning as the result of
accidental contact with septic matter.
AS already explained II the holder Of
the policy is riding in his own automobile
when the accident occurs there is no
doubling up on the amount due as there
is when the car is public one. But II
he has an automobile supplement- at
| tached at an extra annual premium of 81
thousand the double indemnity is applied
II he is injured or killed while riding in or
caring for any automobile whatever. But
1t is specified that these supplements are
issued only to persons who own motor
cars and who do not unnecessarily expose
themselves by fast or reckless driving"
Beneficiary Insured.