The Grangeville globe. [volume] (Grangeville, Idaho) 1907-1922, 1919-07-10

charged is in excess of what in all
probability will be actually needed to
pay death claims during the year.
At the end Of the year after all
death claims have been paid, a GER
tain amount of money remains which
was not intended because fewer people
died than was expected. In addition,
the surplus remaining in the hands of |
the company is earning interest
Policy holders participate in these |
savings and profits and the amount re-
turned to you at the end of each year |
is commonly called dividends" The |
per centage of dividends depends en-
tirely on the number of deaths occur
ring each year and the interest earned
by the life insurance company on its
moneys
The authorities at Washington
have predicted that the dividends will
be from 10 to 90 per cent of the prem
ium annually In other words, if their
expectations are realized, you can fig
ure on return Of 10 to 20 per cent of
your premiums ut the end Of the year
as a refund or "dividend.'
Instead of trying to save ION your
own suppose you take an ordinary
life policy, il %, for $4,000. Let us
/ suppose also that your death occurs
Tor you become permanently disabled)
at the age of 45.
/ If you had saved 1920 monthly
during this twenty years you would
have accumulated 5000, plus interest.
This is considerably less than the $10,-
600 you had planned on, isn't it? But,
had you invested the $3.50 monthly in
a government ordinary life policy, you
would be worth at the time of your
death or permanent disability, $4,000.
For investment purposes, you cam
not beat government life insurance. If
you are looking forward to building an
estate by saving, you may be success
full if you can overcome the dozens of
ifs already mentioned.
To make certain that you have an
estate regardless of the ifs, take out
a government policy.
Here is the proposition in a nutshell.
When you take out government pol
icy, Uncle Sam virtually says to you,
Instead of saving, take out one of my
government policies. If you live long
enough to save up the money you want
to accumulate, all well and good, you
will get it. But, if you die premature
ly or become permanently disabled, I'll
see that you get the money anyway
The New Government Policies.
Under the new plan the government
will issue three life and three erdow-
ment policies as follows:
Ordinary life: This is the cheapest
. form of insurance issued. The insured
pays premiums until death or perman-
ent disability occurs. Upon death. or
. permanent disability occurring the pol
, icy is matured and payable to the bene-
! ficiary.
, 2O-pay life: This is an ideal policy
, for the man in moderate circumstances
; Premiums are payable by the insured
for twenty years. After that no prem
iums are paid by the insured. How
ever. no money is paid to the insured
/ or his beneficiary unless death or per-
t manent disability results.
30-pay life: This is the same plan
of policy as the 20-pay life but lower
l in price Premiums are payable by the
| insured for 30 years. After that no
; more premiums need he paid. No pay
r ments are made to the insured or his
p beneficiary unless death or permanent
disability results.
f 2O-year endowment: This is an in
y veStmont policy. 1t provides that you
!. iay premiums for 20 years. At the end
: If % years the face value Of the policy
;. is paid to You in cash. If permanent
o disability or death occurs before the
+ 20 years are NJ, payment of the face
o value of the policy will he made i'll tive
r mouthly installments.
3O-year endowment: This plan is
r also an investment policy, less eNpen
@ sive chan the 20-year endowment. Aot
= nay prem ums for thirty years and Al
d the end of that time you get the race
value of the policy in cash If deafl
or permanent disability occurs before
the thirty years are completed. nay
o ment of the face value of the polio!
II will he made i'll 24O monthly install
d mentS
II Old age (62l endowment: This Is
II moderate priced investment policy SUIT
able for those who can afford to carr,
Y a substantial amount OF this form o
le Insurance. You pay premiums unit
YOU reach the axe Of G2. and then TN
30 lace value of the policy viii he pald II
10 "a h Tn the event Of death or herman
20 ent disability occurring hefcte You
10 reach the age of 62. the face OF IN
30 policy viii he paid in 2l0 monthly II
20 ~tallmnrtS
or PatPs for the New Government P0l'cie
Is Rates are for $1,000 insurance, prem
q iums PAYABLE monthly. The hgure
in the columns below represent me an
s,rout mos and the rates on the -
10 ,4,.lns 80 ,.,licies in Tho following ~
r.. der: Ordinary life; 2O-pay Ete; 81
IN pay life; 20-year endowment; 5o-ye'