The Washington times., 1930-12-02
SEE EARNINGS
|. PRO7ECTEDBY |
POLICY
Accident Insurance Is Guard
ian of Earning Capacity,
Insurance. Expert Explains
BY FRANK F. LOOMS

BY FRANK F. LOOMS
Earning capacity is the most
important asset possessed by a2-
proximately 100000 persons in
the United States today, who are
employed in business. In 1921
statistics showed there were
"a, coo, 900 million adults en-
ployed in occupations for wages
or salaries. That number has
increased at the rate Of 1,000,-
900 persons a year Or a total OF
10, ,O00, 900 in the past 10 years.
Earning power being their most
essential asset, it is necessary for
every person dependent on earned
income to protect it with inSllr-
ance. Just as life insurance
creates an estate for the future,
accident and health insurance
protects present earnings. Your
earnings maintain you and your
family and your entire financial
situation depends on your ability
to earn. You insure your posses
sion against fire, however, if such
possessions were destroyed, you
could replace them with future
earnings-provided your power to
make money was not impaired.
Guarantees Earnings
Health and accident insurance
will guarantee your earning abil-
ity against accident or illness, no
matter how long the disability
lasts. The following figures are
interesting and reveal the neces-
sity for this form of insurance
protection.
One person is accidentally killed
every five minutes.
One hundred and thirteen per
sons are accidentally injured to
every fire that occurs.
Over 10000, 900 persons are dis
abled by sickness or accident
yearly.
One out Of 10 deaths is due to
accidental injuries.
Nine Days Yearly
There is enough illness every
year to average nine days per
individual.
Three million persons are Sc
riously i'll all the time.
One man in every six is acci-
dentally injured every year.
Ninety-nine persons are disabled
| bv accident or illness to every one
that dies.
It is estimated that there are
about 100000 accidents yearly
in this country, fatal, serious or
otherwise. Statistics from one
CT the largest companies in the
United States, writing accident in
surance. show that 81 per cent of
all accidents occur from auto
mobiles and that for every person
killed, as a result of an automo-
bile accident, nearly 100 are in
jured. It is a safe prediction that
10000 persons will be killed by
automobiles alone during the year
1890.
SIS a Year
A straight accident policy, cov-
ering any and all accidents, no
matter when or how they may
occur, without exception. can be
purchased for the cost of only
$25 a year. Such a policy pays
$500 in case of accidental death,
and $25 weekly indemnity for
injury. Double these amounts are
paid if the accident occurs on a
fare-paying vehicle, such as taxi
cab, bus, train, boat, etc. There
are also many other valuable
features, in connection with the
policy. covering loss of eyes, limbs,
hospital bills, surgeons fees, etc.
No medical examination is re-
quired and larger or smaller
amounts can be purchased at the
same proportionate cost.
What They Pay
One of the most modern acci
dent policies, recently put on the
market, pays in case of loss of
life by accident, $4,000 and for
loss Of both hands or both feet,
$4,000; for loss of one hand and
one foot, $4,000; entire sight of
both eyes, $4,000; either hand or
foot and one eye, $4,000; either
hand or foot, $4,000: entire sight
of one eye, $6.667; thumb and in
dex finger of either hand, $4,000.
The weekly indemnity for total
disability. as long as the insured
lives and suffers such disability
from any accident, the sum OF
$10O a week is paid and for par.
tial disability, $40 a week for 26
weeks.