ZajednicÌŒar = Fraternalist. [volume] (Allegheny, Pa.) 1894-current, 1957-07-24
Junior
.JOttings
Michael Grasha -
Junior Order Director
(Third of a Series)


planned the costs and returns
or options on our Junior En-
doWment certificates when
purchased on the Single Pre-
MUM plan.
We had no difficulty, what
soever, in clearly demonstrate
ing that the member is the
beneficiary of fantastic bar
gains and that these bargains
have no peer in the insurance
industry.
Today we shall analyze the
third of our permanent type
Junior Order certificates
which can be bought with one
lump sum payment = Single
Premium, or as it is techni-
cally called = the 20 Pay-En-
dowment at Age 85. Since we
are to purchase this with one
payment, however, we could
actually drop the first portion
of that name and call in En-
dowment at Age IS.
For all practical purposes,
then, we are here buying in
surance coverage only since
this contract becomes an en-
dowment only if, and when,
the member attains age 50.
Because of this the Endow-
ment at Age IS is the most
reasonably priced permanent
type certificate, be it on the
monthly or Single Premium
payment basis.
Streamlined Package
. Let us therefore now
buy a $1,000 20 Pay-Endow-
ment at Age IS certificate for
a youngster under six months
Of age. That Single Premium
will be exactly S298.8O.
Since dividends are received
annually after only one years
waiting we shall be receiving
So per year as long as the
certificate is in force and, con-
ceivably, if the member lives
long enough these refunds
can actually return every cent
paid in.
BY age IS the member will
have gotten back no less than
$252 in dividends and still
have death benefit protection
for the full $1,000.
At age 85 he can withdraw
his $1,000 or he may take out
$112.52 and retain the $1,000
paid up death certificate GOV.
erage Or, withdrawing ne
cash, he will receive a paid
up certificate for $1127.
The More The Better
Q As reasonable as this de.
scription of a $1,000 certificate
appears, higher amounts are
proportionately even less in
price.
The reason for this is the
fact that the second thousand
(and any amount thereafter)
is free of the administrative
expense burden.
Thus wherein the first
thousand cost $298.8O Cat Age
O) the second thousand will
cost but $202.66 while divi
dends and all other benefits
and options are identical tc
those on the first unit.
Therefore $4,000 insurance
at age 0, will cost $5O1. .46. Ir
20 years alone this will be re-
duced by the dividends (19
times Sc or $114) to bu'
S387.46 and each succeeding
year even further so thai
within the realm of reason
this cost could be totally
wiped out.
Society In Vanguard
. Maturity options (at ag'
1851 when the certificate as
sumes all the characteristic!
Of an endowment contrac
are even more attractive fo,
$4,000 than for $1,000 because
while the options are duplica
ted exactly, the cost for tn
second thousand were reduced
considerably by the absence
of administrative charges.
This completes the cost-re
turn analysis of our JUNO
Order Single Premium busi
ness. In next weeks conclud
ing articles we will present
general summary explaining
procedure in writing up
prospect, point value to tn
proposer, fund breakdown a
between mortuary and admin
istration, etc.
Suffice it to say now tha
your CFU is again, as always
in the vanguard of progress
,,,xo ,,a - IoA1 :~..,-... -