The Mankato free press. [volume] (Mankato, Blue Earth County, Minn.) 1879-1924, 1922-08-25
PRICE OF DEATHS
GIVEN IN FIGURES
AMOUNT PAID IN MANKA.
TO, $4,000 PAST YEAR
COUNTRY WIDE SUMS
Autos Kill One Person Every
Half Hour So the Figures
til, Indicate 20


The Insurance Press computa-
lions show the following summation
OF the insurance distributions in
1921 by insurance organizations OPP
Grating in the United States and
Canada, including the transactions
of the bureau Of war risk insurance
of the United States government
-tnow department of the United
States Veterans -bureau) during the
same period: Death claims, matured
endowments, annuiies, disability
claims and additional accidental
death benefits, sS73. 900. 600; pay
ments for premium savings (divi-
dends TO policyholders) and for
lapsed. surrendered and purchased
policies, 1884, 800, 900; total, II ,0Ss,-
SOC. 900; COMMITTED value OF insur-
ance claims awarded by the Bureau
of War Risk Insurance from Decem-
Der 81, 1920, to December 81, 1921,
S111-s22,ooO; grand total, $l'l'o'-
f22. 900.
In a statement to The Insurance
Press, the director OF the Unlteo
States Veterans bureau said: Tie
commuted value OF insurance claims
allowed by this bureau during the
neriod from December 81, 1920, to
December 81, 1921, is Sill, 922 ,OSO.IO
was awarded on war risk term in
srance and $4.534.741.75 was award
- ed on United States government
life (conyerted) insurance claims.
The committed value Of awards
made from the inception OF the
bureau of war risk insurance TO De-
cember 81, 1921, is $1,317 OF, 6SS.0S,
of which 1871 1882, 1858 was
awarded on war risk term insur-
ance claims and $685. ,241-15 was
awarded on United States convert
ed insurance claims"
a statement OF committed values
OF Insurance awarded for SPECIFIC
periods as follows:
To Dec. 81, 1918 -. .S192, no. 90
Calendar year, 1918 903,019,17S.4S
Calendar year, 1920 1856, 434.15
Calendar year, 1921 l1l,922, OSo.45
Total to December 81, 1921
$1,317, OH ,6SS. 0S
OUTSTANDING Features of the 1921
Record
Policy holders borrowed Literally
on their insurance policies IN 1871,
the transactions in policy loans
showing a large increase. Last year
was abnormally favorable in NOR
taiity, the decrease in the amount
of life insurance matured by death
in the United States and Canada
approximating SIS, 100000.
On the other hand dividends to
policyholders increased considerably
more than $31, 900, 900. The amount
paid for disability claims and ad.
ditional death benefits exceeded
$4,000, 900, about double the cores
ponding payment in 1920, indicating
rapid growth in the popularity OF
this comparatively new feature.
The insurance companies, as US
nal, were forced to decline appiica
lions for hundreds of millions OF
life insurance on account OF the I'M
insurable physical condition OF the
applicants, who had procrastinated
too long.
According to census bureau sta
tistics, the population Of the United
States increased in the decade 1910
20 slightly over Is per cent.
During the same. period, the
amount of life insurapce in force
III I66dl VIC SOhIPoA1So AANA SeAo
ed over 40 per cent.
Accordingly during the decade
life insurance grew eight times
faster than the population.
In number, the United States in
creased by 100000 people in -
years.
In amout, life insurance in force
increased by over $4,000, 10000
For each person added to the
population in the decade, nearly ST.
900 was added TO the outstanding
life insurance of the Nation.
Autos Kill One Person Every Halt
Hour
On a basis of eighteen hours op-
Grafton "a day, automobiles killed
two persons every hour in 1921, oil
a total Of more than 1880 during
the entire year. These figures are
based upon a tabulation Of the ex-
perience of so principal cities in
the United States, and the assump-
ton follows that similar expert
ence would prevail for the entire
country.
The automobile death rate has
now become a determinable factor
in the general mortality of the Ma
ton and has already risen to alarm
ing proportions, with no signs Of
abatement. In toe year 1890, the
death rate was 1877 per million
population, and in 1921 II increased
to 1851 per million population.
1t is significant to note that the
principal eastern cities, despite
their more congested area, expert
enced a lower death rate per mil
lion than western, cities. New York
with a death rate OF 1878, Pniladel-
70 phia with a death rate of 1852 and
Boston with death rate OF 1878
were materially under the genera
average Of 1861. Western citiei
generally showed an excess oye'
the average. The automobile dealt
rate per million population OF Cal
cago was 1916; OF Cleveland, 1888