The Washington times., 1930-05-27
LIFE INSURANCE
|SDEL|BERATE
SAVING
Loomis Sees Cooperative
Investment Securing AdVan-
tageS for Holders
BY FRANK F. LOOMS
Here is what life insurance

Here is what life insurance
does for the ordinary man:
It compelS him to save on
scale that he himself has
named after due deliberation.
1t joins his savings with
others in a cooperative invest
ment that is big enough to
secure all advantages.
1t puts his savings into the
hands of those whose business
it is to know about investments.
It leaves him free to give his
whole time and thought 10
further earnings, saving him all
vexations and anxiety incident
to the care of property.
Gives Earnings Thought
It takes into consideration the
uncertainties of a mans earning
power and makes provision for
such notifications as conditions
may require, making sure that
the investor gets all that he pays
for, no matter how far he may
fall short of his original inten-
tions. And, best of all, over and
beyond it's merits as means Of
accumulation, it plays the role
of a fairy godfather to the de-
pendents who find themselves
suddenly cast upon their own re-
sources through the unexpected
and premature death of the one
who provides. The easiest,
safest, sureSt and most satisfac-
tory way to save and keep on
saving is a purchase from a
tested, old-line, conservative in
Surance company, of some form
of life insurance suited to your
circumstance.
Family Protection
For the man with large
! family who needs the most life
insurance protection he can carry
for the least yearly expense, the
so-called ordinary life policy
offers the best solution. In this
form of policy $4,000 insurance
at age 35 costs about $210 q
year ucC average COSG.
This yearly sum is payable for
life, but for a very small in
crease in the yearly payments q
clause will be inserted that
should the insured be alive at,
say IS or 10 years of age, the
principal sum Of $4,000 would
be paid him personally.
The policy provides every
facility for meeting financial re-
verses in cash loans, extension Of
time in payment of the yearly
installments.
After the policy has been in
force for three years it will carry
itself for two years longer with
out further payment on the part
of the insured, and in case Of
death in the meantime the full
$4,000 would be paid. 1t will
carry itself after four years for
four years more. After five years
for five years more; after Si:s
years for seven years; after seven
years for eight years; after eight
years for 10 years etc.
Cash Loans
Cash loans at a low rate of
interest can be made about as
follows:
At the end of third year, 5000;
at end of fourth year, $340; at
end of fifth year $3.50; at end
of sixth year, $670; at end CT
seventh year, $500; at end Of
eighth year, $3.50; at end of
ninth year, $1,140; at end Of
tenth year, $1,240, etc.
BY paying a very small addt-
tional inStallment every year
the following clause will be added
to the policy:
Should the insured at any time
become totally disabled by either
illness or accident, all further
payments to the company Of the
yearly cost will be cancelled, and
in case Of death the full $4,000
will be paid. Also the company
will pay the insured during all
the time of his disability 500 a
month income.
Protection Secured
Where is it possible to secure
such protection as this?
What man of family can
possibly afford to be without it?
Larger or smaller amounts are
in the same proportion as to
costs and benefits.
All life insurance companies
organized under the old line
legal reserve plan write this con.
tract.
The total insurance of our
American old line life companies
carried is over one hundred and
ten billion dollars, without loss
recorded to a policyholder in
half a century.