The Idaho Republican. [volume] (Blackfoot, Idaho) 1904-1932, 1916-12-01
POLICY HOLDERS ENJOY
SMOKER AND LUNCHEON

On Wednesday evening of last
week c. S. Beebe gave an instructive
smoker for about 80 or 40 of his
policy holders.
One may not have much in common
1 with the man who owns part of his
business, or to whom he pays his
rent, or the man he works for,
with resident agent like Mr.. c. s.
Beebe on the job the fellows who
have insured their lives with one
company have several interesting in
terests in common. Mr.. Beebe knows
how to make men feel "at club" He
passed out excellent cigars for an
opener and closed with a chicken
sandwich feed. In the mean time,
this all happened Wednesday even
ing when Mr.. Beebe entertained his
| Blackfoot policy holders at the K
P. hall with a talk on policies), he
discoursed of the special qualities
of his company, the Mutual Benefit
Life Insurance company, with such
clearness and downrightness that he
held his audience mOyeless for over
an hour straight. Mr.. Wilkerson, of
Caldwell, general agent for the COM
pany, then took the floor and held
the hearers for an hour more with
ease. The lunch came, and went,
but the talk went on-not forever
but long enough to make the evening
one Of great profit. Mr.. Beebe must
be commended for his initiative.
1t is we'll accepted fact that
about 80 per cent of men who reach
the age of 60 are dependent upon
Jthers for their living, either in
whole or part. If anything will bet
ter such a condition it is insurance,
which is as nearly a bridge into the
future as anything can be. 1t means
a habit Of SAVING, for there are regu-
lar annual deposits. AS these de-
posits grown into real money a man
must admit that it pays. to save
few dollars every year.
With all it's advantages insurance
is one subject that will prove most
any man an ignoramus. Many sue
cessful financier can point to a lucky
turn in his circumstances due to his
happening to discover an insurance
policy in his possession. Mr. Beebe
emphasized the fact that an insur-
ance policy is an asset every minute
man holds it. Many banks now
require borrowers to place a life in
surance policy in their keeping while
he owes them sums of money.
When asked about fraternal in
surance Mr.. Beebe was forced to tell
the truth-that the general run of
fraternal companies are unstable. |
The old-line standard companies have
been competing for half century
among themselves to sell insurance
at rock bottom figure and yet fully |
protect their contracts with individ- |
uals. Thousands of fraternal and |
other mushroom companies that have
sprung up within that time now pop
ulate the gave yard of failures. The |
millions of dollars planted in them
were unable to flourish In such rocky,
difficult fields. There are certain |
rules of business. There are don'ts
and can'ts, with which sharpers and
dreamers play, to the loss Of their
well meaning friends and patrons.
Mr.. Beebe sketched the long, hon.
orable history of his company, its
rise thru thrift and wise policies. He
showed how the values OF individual
policies climb with increasing mo-
mentum into handsome investments.
He convinced his policy holders that
they had good deal in common.
They in turn showed Mr.. Beebe that
ignorance of insurance policies is not
lack of interest, and voted that the
be precedent for an an
maui affair.