The Washington times., 1924-02-04
INSURANCE
COMPANY
DIFFERS
John S. Mackintosh Is Paid
$4,000 Premium Although
He's Alive.

Yes and No. The Mutual Life
Insurance Company says he is
not and paid him a check for
$5,09S.SO Saturday. He is very
much alive and accepted the check
cheerfully.
Macintosh, who lives at 17O6
Twenty-first street northwest,
took out a life insurance policy
with the Mutual Company, Janu-
ary 23, 1860. According to the
law of averages as compiled by
the insurance firm, from study
Of 10000 lives, he should have
died in 1894 when he was sixty
six years old, but he has con-
tinued to survive the grim reaper
until now his agDis ninety-six
years.
Statistics BeIied.
According to actuaries, study
Of the lives Of 10000 people at the
age of ten reveals the fact that
only three live to the age OF ninety
five and they die during the year.
never living to see their ninety
sixth birthday. On this basis the
mutual company paid the check,
made out to Mr.. Macintosh, and
Effie ]. Newell, his daughter, for
the sum of $5,O08.BO including the
drawn and the dividends for the
past year.
After reaching the average age
Of sixty-six, the averages gave him
ten more years, after living to be
seventy-six he was given six more
years and SO on until he arrived at
eighty-eight years of age, after
which the law of averages only
gave him a fraction Of year to
live. Finally, upon reaching the
age Of ninety-five he was not given
any longer and so now "actuarially"
speaking, he is dead.
Case Is Unique.
Men who have followed insurance
for years and are versed in all its
idiosyncracies, fail to recall any
similar occurance. A few have
heard Of parallel incidents but none
have ever actually known Of one
before. The moral is that any one
wishing to collect his own life in.
surance should live to the age Of
ninety-six.
Aside from the curious twist given
the policy by the longevity Of Mr..
the form of the policy
itself is amusing. A life insurance
policy in. 1860 would have been more
aptly named II 1t had been called a
death insurance. In the left hand
upper corner 1t carried a picture of
the Valley Of Death" The right
hand upper corner carried a picture
OF the president Of the company
paying insurance to the widow and
children Of a deceased man. Life
insurance companies stressed the
benefits In case Of death and ignored
the appeal Of benefits during life.
A curiouus clause prohibiting the
insured from visiting foreign coun.
tries or even certain parts of this
country without written consent. Is
contained In the following passage. a
provision upon payment of the In.
Surance:
Travel Restricted.
"PROVIDED ALWAYS, that in
case the said JOHN s. MACKIN-
TOSH shall, without the consent of
this company previously obtained
and indorsed upon this policy, pass
beyond the settled limits OF the
United States Excepting into the
settled limits Of the British
provinces Of the Two Canadas. Nov,
Scotia or New Brunswick or shall
without such previous consent TINS
indorsed, visit those parts OF tha
United States which lie west Of the
Tooth degree OF west longitude. or
between the first of July and the
first Of November, those parfs
which lie south Of the bounda rIns
pf the States Of Virginia and Ken.
lucky, or shall be or reside within
ten miles Of the Mississinni ~
Missouri rivers, or shall enter Inon
voyage on the high seas. or al
mariner, engineer, fireman. con.
ductor, or laborer in any canacitv
upon service on any sea, SOUND. IN.
let, river, lake or railroad. or info
any military or naval service what.
soever (the militia not in act,,nI
service excepted, or in case he ahoIi
die by his own hand, or bv the
hands OF justice, or in, or in ron.
sequence Of, q duel, or Of the viola.
tion. OF any law Of these States
then this policy shall be null. void
and Of no effect"
Present day life insurance uauoI.
ly provides that In case of suicide
II not within the first few wears
Of the policy, the terms of the CON.
tract will be carried out.
Another clause In the insurance