The Idaho Republican. [volume] (Blackfoot, Idaho) 1904-1932, 1911-10-27
NEW FRATERNAL ORDER
COMING

to be organized at Blackfoot soon
and men and women who are ready
to take up fraternal insurance will
have an opportunity to avail them
selves of the latest there is in thai
line Of mutual protection.
| Life insurance has come to be re.
Lgarded by the masses of plain work.
Ing pennle II. n.sla--- SO the AsaAis lligh,
as schooling for children. 1t is moi
very long ago that schooling was con-
sidered necessary only for men in the
governing classes and those engaged
In commercial pursuits, but it Is diff.
ferent now, and all boys and girls
are educated, the laws being framed
to compel those who do not appre-
ciate its Importance. Life insurance
stands in the same position now that
education of the masses did when
most people realized that education
was best for all, and before they be-
gan enacting laws to compel all child
rem to attend school.
The parents who thought it was
nObody's business whether they edu-
Gated their children or not, have been
confronted by the edict of society
that said: ''You wrong us all by
contributing members to the COM
Munity who are not equipped for
Elifes work." and society is just now
resting on the conclusion, "If you are
|of any account, somebody will be de-
pendent upon you or in partnership
with you the day you die, and he,
she or they should at that time have
aid from some source that you pro-
vided when in able and active life."
And society is steadily drawing the
lines of it's influence to compel, or
rather to induce, its members to car
.ry that protection called "life insur-
ance."
AS an aid to the formation of char
acter it is one of the strongest safe
guards to bring into the life of boy
or girl who has reached the age when
there is tendency to take up some
little thread of business for himself
or herself. The 15-year-old boy who
takes out an insurance policy for one
thousand or five thousand dollars at
once places value on himself that
he never felt before. When he places
that policy in bank for safe-keeping
he takes a new measure of his rela-
tion to the family and the communi-
ty. When he makes the periodical
payments of premium that keep 1t
in effect, he is inspired with new
appreciation of what he can do by
systematic management of his little
income or his earnings, and along
these lines he developes into bust
ness man. The girl who manages her
own little business affairs and keeps
a policy in force may not realize 1t,
but she is better, broader and more
self-respecting than her friend who
receives ample protection herself but
makes no provision to provide for
anyone else at her death or for her.
self in advanced years.
The great advantage of taking out
life insurance in youth is two-fold
the influence it has upon the per-
sons character, and the low rate of
premium at which they are received
by all insurance companies. And this
same low rate continues in effect
when they have reached the age at
which the rate would be much higher
if they were only entering then. In
the Equitable Fraternal Union, one
assessment or premium Is payable
each month, and it never changes or
raises during the life time. At death,
the beneficiary named in the policy
receives $4,000 on each 100000
named in the policy, and in addition
thereto the sum of all the assess
ments paid into the order by the de-
ceased member. The difference be-
tween this amount and the face of
the policy is placed in the reserve
fund to be drawn upon to pay other
death claims. In this way strong
reserve fund is kept intact, which at
the present time amounts to more
than a million and quarter of dol
lars.
When the insured reaches the age |
of 70 years, the payments begin to
go the other way, and If he or she
lives long enough, all the premium
paid in in former years is returned
with interest. The payments being |
in semi-annual disburse-
ments. If there is still money due at
the time of death, it is paid at once