Gunnison news-champion., 1914-10-09
Sscesssful nsos Inlus1ry

The annual report Of the insurance
department of the various states brings
to light several encouraging facts rela-
tive to the growth of life insurance
companies of the West Since the date
of the insurance investigation in 1896
the giant companies of the east have
lost three hundred millions of dollars in
annual production, while the young
companies have gained six hundred
millions of business during this period.
Something of the Importance of en-
couraging these western companies is
Indicated when we know that COLORADO
has during the past thirty years sent
to foreign companies the enormous sum
of seventy-two million dollars in life in
sursnce premiums. That the citizens
of Colorado appreciate the value of re-
tanning these vast sums within their
own borders for home developments is
well indicated in a pamphlet recently
published by the German-American
Life Insurance Company of Denver, in
which letters are given from the lead
ing bankers of practically every section
of Colorado and Wyoming, heartily
endorsing this company and its plans.
These letters call attention to the
fact that the Colorado State law COM
pels the depositing with the State In
surance department of an amount sufh-
cient to protect every guarantee con-
tanned in the policy of the company,
which insures absolute stability.
Colorado is represented in this booklet
by such well known bankers as w.
S. Winslow, of the Gunnson Bank
and Trust Co.; B. F. johnson, presi-
dent of the Union National Bank, Gree
ley; George o. Henderson, president of
the First National Bank, Sterling; J.
II. Forsyth, vice-president Farmers
National Bank, Longmont; j. NJ Cum
ningham, cashier Larimer County Bank,
Loveland; W. l.. Caslin, cashier Far
mers National Bank. Longmont, and
many others. Mr. B. F. johnson. of
Greeley, understands the importance of
keeping this money at home ard en-
dorses the German-American Life In
surance Company by saying, IL desire
to call the attention to the work now
being done by the German A American
Life Insurance Company, whose money
is all loaned in Colorado and other vest
ern states, thereby helping materially
to open up and develop the same. The
company is operated under the Legal
Reserve Law, which protects absolutely
every policy-holder through deposits
with the Insurance Department. 1t is
safe and sound, no chance for loss.
Fifty other letters from prominent
bankers are included in this booklet and
the hearty support from leading fDan-
ciers has had most important influence
in enabling the German-American Life
Insurance Co. to make a larger gain
last year in business in force than all
other Colorado companies combined
With the absolute guarantee Of stabi-
lity and strength as afforded by the
/ Colorado State Laws. and with the
liberal policies offered by these local
companies, there is no logical reason
why any prospect of insurance sbould
not enthusiastically support this com
psny in view of their pledges to re-
invest their premium income in the dis
trict that has contributed il. The large
volume Of business being written by
this Company in this district viii testify
to the spirit of loyalty to those institu-
tons which are contributing to cur SUD-
, port.-Advertisenent.