The Telegraph-courier. [volume] (Kenosha, Wis.) 1888-1946, 1912-01-04
FIVE new PLANS PROPOSED
Members of the Order to Be Given the
Proper Protection and Committee De
clares Rates Adopted at Coming Head
Camp Session VIII Be Permanent.

mlnary reports of the special commit
tee s action III regard to change of
rates which is to be presented to a
| special meeting OF the head camp to be
held IN Chicago in January. The To-
cal members of the order are taking
a great deal of interest in the outcome
and the various propositions proposed
by the committee on rate revision will
be of great interest to the roo mem
bers Of the order in Kenosha.
The following is taken from the
plans as suggested by the committee
on revision:
! On the Whole Life plan we shall
recommend three options, as follows:
Iifst-That present members, at
ages, 1916 years, and new members
ages 1916 years, may pay a monthly
unchanging rate, beginning with a rate
of IS cents per $1,000 at age is, and
running according to age to maxi
mum rate at $500 per $1,000 at age
IS, For present members beyond age
As the rate will continue level, accord
/ ing to age, until it reaches a maximum
Of $500 at age 81, which maximum
rate viii apply for all present mem
bers beyond age 81.
"Second--That present members,
over age 45, re-rated on the basis as
outlined, but who desire to carry the
maximum of insurance for minimum
cash outlay, may, if they so desire,
pay in cash the rate of $500 per
month, and have the amount of their
actual rate in excess of this charged as
lien against their Benefit certificates.
The total of such lien charges would
| tifcate at the death of member or
| time of payment of claim. Such lien
charges would represent the difference
between $500 per month, the maxi
mum rate at age As, and $500 per
month, the maximum rate under the
Whole Life plan, as set forth in the
foregoing paragraph. The lien charge
would never exceed a total of $1,000
per 1000 per annum, with interest at
4 per cent, and would be less than this
amount for all present members be-
tween the ages of 45 and 81 years.
Third present members de-
string to receive Whole Life insurance
at their present rates may continue to
pay such rates without change and be
granted the amount of Whole Life in
surance that their rates will actually
pay for, as measured by the Modern
Woodmen table of mortality, the
standard for all rates recommended by
the committee. Thus, a member not
desiring to make any change IN his
rate, but still desiring Whole Life pro-
lection, is insured the opportunity of
securing such amount of insurance
during the whole period of life as his
present rate will pay for, twelve as
sessments per year, and with guaran-
tees that his rate will never change.
So much for the Whole Life plan
Under the Term, plan your committee
will recommend four options. In for
mplating these Term plans and options
yours committee has been Of the
opinion that the greater number of
Neighbors in our Society have sought
admission, not only for fraternal bene-
fits, but for the advantages OF low cost
insurance during the period of greatest
dependency of benefciaries, when the
member needs all Of his current in
come, and where practically all of it is
taken in educating his children and
supporting his family. To meet this
universal and logical demand for low
cost protection during these years of
greatest struggle, the committee will
recommend that the Neighbors shall
have opportunity to purchase cheap
Term insurance to ages so, go and 70
years, the insurance then terminating,
viz:
For Term insurance to age so
years, granted either to present or
new members, the rate win run from
40 cents per $1,000 per month at age
lis to IS cents per $1,000 per month
at age As, which will be the highest
age at which Term certificate to age
80 may be written.
Fer Term insurance to age go years
granted to present and new members,
the rate will run from 80 cents per
| 81 900 per month at age 18 to 80 cents
per $1,000 per month at age 40, the
maximum age at which Term GER
| tifcate to age so may be written. For
present members, beyond age 45, the
rates will run from go cents at this
age to s125 at age 81, and level at
s1.25 for all ages thereafter up to age
l59.
For Term protection to age 20,
granted to present and new members,
the rate will run from go cents pei
! 81 900 per month at age Is to $l.S0
per $1,000 at age 45. For present
lmembers, over age -; who may wish