The Bennington evening banner. (Bennington, Vt.) 19??-1961, 1919-08-30
SATURDAY. AUGUST 80, 1919.
GOVERNMENT INSURANCE

Bennington young men who served
in the army and navy and who have
failed to give serious consideration to
their government insurance policies
are awakening to the fact that in per-
hitting their policies to lapse they
are losing privilege that is possess
ed by no other class of citizens. Since
the meeting held Wednesday evening,
1 when Attorney Henry Chase ex-
planned the provisions of the law and
the methods of reinstatement, the
young men have been coming to his
office for assistance in re-arranging
their insurance on the permanent
basis,
4 Outside of the fact that the govern
ment insurance is the cheapest policy
issued there are other admiral fea.
lures. The backing is the strongest
| in the world, no physical examina-
tions are required and the policies
are earning investments. The gov.
eminent pays interest at the rate OF
three and one half per cent onsithe,
premiums oies
Mr.. Chase has succeeded in inter
esting number of the young men in
one form Of policy which he has
termed cold age" insurance. the en-
dowment policy payable at the age of
sixty-two. This form of policy costs
a young man twenty-one years old only
Il sf748 a year on a thousand-just
about the price of one good Joy ride
and some Of the joy rides cost a
whole lot more-and If he should
carry the policy to maturity he viii
have invested $7164s. He win re-
ceive for his investment thousand
dollars plus compound interest al
three and one-half per cent on what
le has paid in and whatever divi
dends the policy may pay. The only
uncertain feature is qthe dividends
| He certainly will have thousand
dollars at a time in life when it will
come in mighty handy and compound
interest at three and one, half per
lcent pn his annual investment OF
4 sT,aS. H. Is the greatest opportuni
Is IN the world.
Most ofrthe young men who have
icalled "a M Chase's office are plann
lng, as they should, TO carry more
! han one thousand dollars, of insur
ance. AT the price they can well al
ford to do so. There are instances in
(which they hayetaken out the limi
of ten thousand dollars.
In this connection it is perhaps op
lportune to say word in commentator
Df The work that is being gratnitously
lone by Mr.. Chase. Even since the
| war opened he has taken deep per
! sonal interest in the welfare of the
young men who went to the front
from Bennington and adjoining
towns. Undoubtedly not a little O.
this interest is due to the fact that
Mr.. Chase has seen two periods in
the army, once with the regulars and
1.-THE second time with the volunteers
who lived-and died-at Chicka-
I manga, The very fact that he has
been in the service naturally gives
him an insight into the soldier char
lacter that is impossible OF attainment.
| by one who has not worn the uniform
land it tends to create a mutual con
ltidence.
/ When these young men come into
/ Mr. Chases Office over the First Ma
Itional Bank building there is no pre-
| liminary conversation. The boy vet
leran and the man veteran look across
the desk into each others eyes and
smile Understandings. Both have
eaten government rations and slept
under the grey and kahki blankets
lThey begin to talk insurance right
Ieff the hat. When the young veteran
leaves he has usually planned to
lcarry more Of the government insur-
ance than he intended to assume
when he came into the office.
Between thirty and forty years
from the present time it may be
fright here in Bennington or it may
be on, the other side of the continent
more than one grey-haired veteran
Iof the greatest war in history is go
ling to be in a position to, lift up his
hands and revere the memory of the
man who persuaded him to. provide
for his own old age when he had tn,
chance.
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| The state nnhlicifv dana rtmant has