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Life Insurance

Life Insurance image
Parent Issue
Day
13
Month
May
Year
1881
Copyright
Public Domain
OCR Text

Tliere i considerable dncuMion throiljfh ut tlie state rwpecting life Insnnince añil the virtiies of tlie new or punly mutual plan ihroutrli a secret orfjanizatinn, or the "NI (ir stixk om p.-m v' plan. Tliere Iki Iiccm -lome attempt to legfaUle againt tlio aereí which are so prnsperous in t:itc :il iii-sent, bilt au Uieir meuilieisliip is so large %ni to pefleral. i' i" doobttul f any of tlic meubera f the lef!latiire will rare to do nnytliing Oppoclng tliein, even f they lia.I ny deire to do so. To illnstrate tliis iiisnriiiire Indines-, Zobedia ai many olher yofíng mcn n!tv l'en kiiown to do : gOt nmrried. ot inga petitorio krt-hook. and reo injf tii fmil hokí w all turre on lite, )„¦ thóqgtit Itwonld be an excellent planto liave liis life iusured, tlmi liis beller lialt inijflit me be leftentirely dtttttnte ibwild lie ly any possibility be (fepríved of Rfc. So lic took out j)lcy in onc oí' thfl llu-n (.romiiifiit lile iiiiimniesdoingliiiiii.ss n tliis state. In takinj; out lliis prtücy he RH obllged lo .;iy :t prcmiuin of over 11,000, at ÜWlgeofak. Allot th moiiry ¦M 'o r paid in ailvaluc. AfUf 11 tiini' lic was told tlmt a IímIltc ot A. O. I". W.. wllicli. transhitcd, kMÉn Anrient Order of United Woiknu-u, was (bout belng orgaoÍ.-.1 in the piare wh.rr !(¦ tlien i.-ided. and be was nvited to join tlie same. Tbh lie '1!, and was given a pbMèy of 12,000, liicli h.is hm him not to exeeed ti'.i ir any onc vcai since, and in páying Iliis SI dav't nottee la glven in u liicli to ntae 1 It will besten thathegot pollcy ofdoubli the amount, whJch bc bad in the rtock COAptny, at a loss cost, per .-mniiin. „.i was notobliged topayanytliinj; in advance. It broiiffht lifc Innirence down lo its actual cost. And there aro tlioiisanlsof poor men loday who are carryinjr poltcles upon thelr live who coiild not pnssibly do M undcr the old plan. $5,000. $2,OUO, or even $1,000 left to k family otherwise helph s, hstbeet) known to wve mnch sufterin. We know of l.uniliis who would to-dav bc obliirril to accept of eharity, either public private, liad not the head of the family in lii litVtime provided in this wnv for tlicin And so we believe these co-opiiari cii'tics have done, and aro dolog au i in- menN amount of gata. Tlicv m ing to poor men. We do nor wish to le constnied info oppottag HM recular lifc comp.tnics. (,r do wc desire to upliold evevv coniiany organi.'ilon tlieco-opcrativc [ilan. Kitlicr plan c'an bc so cnrricd on :is to kbose the conlidenoe of the pi'nplc.

Article

Subjects
Ann Arbor Courier
Old News