The Caldwell tribune. [volume] (Caldwell, Idaho Territory [Idaho]) 1883-1928, 1916-07-07
DISTRIBU-
TIONS IN 1915 AMOUNT
ED TO 1913, 200, 900
Increase Over Previous Year Sat-
1000, According to A. 1. Myers
Main StreetRNext to kimball

MT. "A. l. Myers, the well known IN
surance man of this city, believes in
the education of the public in life in
surance. He believes that the public
should be we'll informed as to the
business and activities of the insur-
ance world, as we'll as study life In
surance from the standpoint of the
needs of the individual.
In speaking with representative
of the Tribune Monday, Mr.. Myers
stated that distributions by life in.
surance companies i'll the United
States and Canada amounted to $733,-
100000 in 1915. This amount exceeds
by 100000 the amount paid out in
1914. In 1915 for death claims, ma
tured endowments and other benefits
the payments amounted to $45l ,3OO,-
600 in the two countries For policies
surrendered, annuties and to bene-
ficiaries under policies issued in for
eign countries, the regular companies
of the United States and Canada paid
out $2S2, 100000.
Mr.. Myers continued:
Life insurance transactions during
the year were remarkable, the tabula-
ton showing in comparison with the
tabulation for 1914, large increase Of
insurance written and revived, large
increase of the insurance in force at
the close of the wear, decrease /U
per cent? of the percentage OF increase
of the payments for surrender values,
a decrease $50 per cent? of the per-
centage of the increase of the policy
loan amount, and large increase OF
the amount of premium savings APP
portioned for payment in 1910.
"At times interest has been mani
| tested with regard to the effect Of
the European war on policies in force
in Europe issued prior to the war at
ordinary premium rates by Amerl-
can life insurance companies which
maintain branch offices in various
| European countries. Up to the close
of last year the mortality under these
policies was very little, if any, in ex-
cess of normal mortality under
peace conditions.
"The activities in general business
that were renewed in the closing
months of 1914 after the period of
depression that followed the outbreak
of the war in Europe, were continued
in the life insurance field during 1915
without break.
"The amounts of the ordinary in
dustrial policies written and revived
by the regular companies of the
United States aggregated more than
$3,6O4 100000, an increase of more
more than $245,OO000O, in comparison
with the amount tabulated for 1914
The year closed with nearly $22,72o,-
100000 of insurance in force, an in
crease of more than $1,000, 100000
The number of policies in force in
creased to more than 42,426,G00, con-
tinuing to indicate that in life insur-
ance the development of thrift for the
protection of dependents and for sup
port at periods of old age is a sign
of character, not that thrift produces
character.
New and Revised Issues
THE new and revised issues of the
Canadian companies increased more
than $20,0O0,000, contrasting notice
ably with decrease of $3,OOO,0OO in
1914 Undoubtedly the increase of life
insurance transactions in the Domin-
ion was due largely - the lessons o.
the foreign war, in which the colonia
regiments have been conspicuous. The
payments for death claims and ma
tured endowmcnts increased about
100000. Distribution of premium
savings exceeded those of 1914 b.
nearly $Z,o/SU OU.
The record of payments for dealt
claims and matured endowments las
year by the American companies tina
} transacted "a per cent of the business
showed an increase of l7,lSO,OOO
compared with an Increase of $l7,
10000 in 1914. For 1913 the increas
was $5,53O.0OO; 1912, $l4,S9O,OOO; 1911
$l3 100000.
! Analysis showed that about $l4,
100000 for increase of death claim
and $2,6oOOOO for increase in mature'
endowments in 1915, compared witt
$ll, 10000 for increase or death claim
and $6,60OO,OO0 for matured endow
ments in 1914, and $4,000 for in
. creased death claims and $l,SOO,OO
J for increase of endowments in l9l,
A similar division of the record @
1912 gave an increase OF $9,l9O,Ooo TO
death claims and an increase OF IS
100000 for endowments.
1.-THE payments for surrendered an
purchased policies by the companie
mentioned amounted last year
about $ll 1865, 600, and increase of $40
$4,000 over the amount paid in l9l.
indicating the improved conditions {
general business, particularly indu:
trial conditions For 1914 the increas
was $l5,16O,OOO; 1913, $3,350,000; 1911.
$8,30O00O.
The number of policies of ordinar
life insurance surrendered in 1914 wa
a little less than 100000 for abo,
Sab, $4,000, compared with $4,000
number and $685., 100000 in amount
1913.
THE policy loan accounts of tt
commands had at the end of the We;
a total of $69l, $4,000 outstandin
showed an increase of 1901 900 con
pared with an increase of $67 1854 on
for 1914, and an increase of $o3,72s
600 for 1918 The increase for 10
was the smallest since 1909. when Il
increase was $34,o34,0O0. The redu
ton of the percentage of increase la
year is accounted for mainly, as in Il
case of surrendered insurance. by Il