Bismarck daily tribune. [volume] (Bismarck, Dakota [N.D.]) 1881-1916, 1912-01-27
MODERN WOODMEN
MAY RAISE Rates
ANNUAL Meeting TO BE HELD
IN CHICAGO NEXT Is
IMPORTANT

~ N0ISN0V N6%S 10
IMPORTANT
The Modern Woodmen of America
lodge or head camp will hold its an
nual national meeting in Chicago OF
January:.23 to decide about the raise
in the rates Of the order. 1t is sale
that the rates will have to be mater
tally increased in order that the SO
ciety may be able to meet all OF its
obligations.
The importance of the improvement
and the widespread effect of it may
be imagined when 1t is known that
this society has larger Membership
than any other fraternal organization
in the world. 1t has one and a hall
million members in America. It has
2,20v in Topeka. 10000 members In
Kansas, 10000 in Oklahoma, 10000 in
/ Colorado and in North Dakota there
are close to 10000 members.
| Every one of the members 10 in.
insured. The lowest amount carried
by any person is $500. The lodge
paid out last year eleven million dol.
lars in death claims.
The Modern Woodmen of America
was organized in 1883. It's insurance
rates were very low and its member.
ship grew rapidly. Up until this time
the order has always been able to
pay its DEATH claims, but a large pro-
portion of its membership now is ap-
preaching or is over the age Of so and
the period of life after50 is called the
death valley of assurances. Statistics
show that more than Is per cent of all
men who live to be so years old die
before they reach 80.
The Modern Woodmen Of America
is facing this prospect: A large part
Of its membership Is sure to die with
in the next few years and as the years
go by the death rate is bound to in
crease. The society has no surplus
or accumulated fund to meet this
emergency. All death claims have to
be paid out of the regular insurance
rate thus the assessments that are
made from time to time to cover the
emergency.-Fargo Courier-News.
Jan. 20, 1912.
The kind OF lie insurance you want
is not the above but the following
kind.
You then positively know you will
never have to pay more than you
begin paying and you will have in
creasing dividends paid back to you
each year.
Your Equitable Lite OF N. Y" con-
tract bond calls for these things, and
many more valuable considerations
for your benefit.
For Every Man.
The advantage Of life insurance in q
case where death comes :prematurely
is obvious. The advantage in q case
where life Is prolonged Is not so self
evident, but It is there.
It must always be remembered that
the charge for life Insurance is so
much a year, just as the rent Of a
house is so much year. A man who
lives long pays no more per annum
than the man who dies prematurely
IL,
to earn money and can continue to
support his family, does not secure a
large return because OF premature
death, but he is sure Of large fund
when The is no longer able to provide
for his dependents. The question is
not IF but WHEN. Every man must
die sooner or later. The insurance
is to provide a fund when death comes
without regard to the question of time
Every man whose life Is insured re-
joices If his life is preserved and be-
cause he continues to be able to pro-
vide for those dependent on him. He
makes his annual deposit with the
company cheerfully, and - a matter
OF business expedfency, and knows
that he receives full equivalent for
his outlay. He regards fellow mem.
bers who die prematurely a. unfort-
innate, and recognizes the fact taat
he and other members who survive
are aiding In protecting the families
of those unfortunate members who
die prem4turely, without impairing
their own interests.
It is sound proposition That in
surance is valuable for every man.
II a man dfes the Insurance is good
thing. II he lives it is, II everything
is taken into consideration, better
thing. -: ..."~
The Annuity Business Also Went On
The Equitable Life;
1wish to acknowledge receipt Of my
annuity check and 70 congratulate
and honor you-that in such a time of
confusion and trouble 40 you must
have been in from your conflagration,
you were able to send my annuity
to the minute. Cordially
yours,
James T. Bixby, Yonkers,
New York. |
For a contract bond that will suit
your needs and pocketbook call or
write to G. w. Wolbert, Agency Mana
ger, Bismarck, N. D.
NOTICE FOR BIDS FOR THE PUR.
CHASE OF BONDS.