ZajednicÌŒar = Fraternalist. [volume] (Allegheny, Pa.) 1894-current, 1957-11-20

example of person who 40 years of age and must
submit to medical examination. Wouldn't this, asked bro
Skrtic, amount to business?
Mr. replied that his firm advises all concerned
that an increase be on medical or non-medica basis
is continuation of the old contract In the case of
Society," he pointed out that the Croatan Frateal Union
still maintains it's regular court defenses in all such stan
ces and has nothing to fear in this respect.
Board of Trustees Member bro Nikoa Borlch spoke at
length this matter and said that to now consider any IN
crease in insurance would mark backward step for the
Croatan Fratera Union and those of its perennial cam
pagners who constantly trying to interest others IN
staying members when their certificates mature
Bro. Krasich was still of the opinion that anything
above the original amount in contracts new business
as he for one can't define it any other way.
There being further questions bro Mandich moved
and bro Borch seconded that the exercise of Option III
the 20 Year Endowment certificate does not come within
the contemplation meaning Of the words or
his death benefit appears in Section l39 of the BYLAWS
of the C.F.U.
Unanimously agreed.
Next on the agenda the socety's proposed new
Family Group Plan of life insurance protection which
ago and left the Supreme Board to discuss and act
Pointing out that this system of whole:famiy nsur ,
tine To- e n Ny Ny Bee s no e
cry phase of the Family Group Plan suggested for the
betteent of the Croatan Fraerna Unions future bus
ness portfolio.
Family the largest selling plan of insurance in the
country today. you know to date Ordinary Life or En-
year. the records show that there is Ordinary Life
sold than all of the others put together Now for the frst
time that patGn m no Longer h9s % vn and lam eno e than than
about one-thrd of their entire production Family Ano
ther large commercial company has practically qudaed
by replacing it with the Family Plan.
The second observation is that there must be
for the terrific success of such plan 1t our belief that
the public had strong latent demand for this type
of contract and it represents the beginning OF trend
which will continue for many years
To describe the Family Plan briefly, there many
different types of benefits The most popular and the
which recommend that you consider is which pro-
vdes five main benefits which are all tied up IN one con-
tract That main feature of the Family Plan One
provides for insurance the entire family Only one
premium is to be paid which is determined from the age
of the husband father that it very neat simple
package That is what think is causing the of
the pan-the demand for simplicity. ..
The benefits in unit of insurance on this Plan, can
be summarized as follows:
L. $4,000 of Endowment at IS on the husband.
g. There is ZOO of Term to Age IS of the husband,
the wife You should observe that it not to the wfes
age of IS, but of the husbands age.
g. Each child regardless of number and without af-
81 900 the Term to Age 25 plan The sgn
fcance there that the same premium is charged regard
rate is the there 10 (assuming, of
| course, the given age of the husband).
4. Double Indemnity, which provides that in event
accidental death of the husband wfebut not the
chldren--the death benefit is doubled.
s. would like to call the fifth benefit Waiver Ben
eft that is comprised of several parts.
(a) If the husband dies, his death benefit is paid to
the beneficiary but the contract for the remaining benefits
is continued in force without further payment of premium
benefit period to age 65 of the husband age
Is of the children.
(b) If the husband is disabled the premiums the
entire contract including his benefits waived dur
ing the period of disability.
(c If the wife dies while the husband is living her
death benefit paid the beneficiary and her insurance
transferred to the husband He would then have $4,000
Insurance. rather than only $50OO That extra thousand
dollars of insurance Term to Age 65 The for that
is that adjustment will be required in the premium for
the death of any family member.
The customary disability clause is sx-month retro
active disability benefit In other words there six
months waiting PERIOD during which the insured must be
totally and permanently disabled at the end of that
od the disability still exists dues waived reroactvey
for that six months period and for long hencefoward
as that disability exists.
Premiums payable to Age IS of the insured or his
prior death disability the may be. There is
ducton at age 65 plan of this nature will underse the
Prudential Plan or those of other large companies.
Premiums determined solely by the age of the hus-
band If the age of the wife is exactly the her hus
bands, her insurance will always be onefth of that
the husband 81 900 for each $4,000 of his insurance If she
younger than the husband the cost Of her insurance will
be less than if she the age that she is
titled insurance. If she is 12 younger than
the husband she entitled to insurance than she
were only year younger than the husband
If the wife is older than the insured she will get less
than the 900 for each S. 600 the husband Regardless
of the age dferena between the husband and the wife
the premium is still the
The minimum age of the husband is customarly 2O
Io flof