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Fighting Insurance Payments

Fighting Insurance Payments image
Parent Issue
Day
8
Month
July
Year
1881
Copyright
Public Domain
OCR Text

We iiotice by tlie papers tliat some of tlie co-operutive life in.su ranee organlztionshavecommeneed Bghttagtht paymont of policios on one groiind and another. TTw tan they do of this the botter for their rcputation. No maltrr hom ust their cause inay seem, ituill luit liltlr f -ach vork to make the people Mupicioua, and chary of how they imite witli tnd fflttrin them. Tliat sort of work was what impaird recular life OOMBies, and liroiiffht the co-opcrative into existencu. Out sliould lx; taken in tlie orani.alion nf these orders, bat titer ¦ man is once in, and ha.s promptly met all dues and MHWinpiits, to endeavor to defraud his wife or ehlldnn of the bcncflts he liad paid his money to aecure for them, on any teehnicalily is nianilcstly unjust, and will not be uplield by any court, we bclievc, in the land. If the man wbo takei out a policy is not a good subject for ínsu ranee, the company should refuse to adrait hini or tbka hi money to help pay the policies of others. If they have aeeepted lus money ttffularly, his relaties are entitled to whatever bencfits such payuients have securcd. It is not the man whoobtaiiii-d tlie insuranceon life that is betag injured by withholdIng payment after he is dead, but it is his licliless family. There are instances whcre a man Ims n some mannor irot a sickly and worthlesslife insured tor his oivn ticnctit, a ÜMOM in .lackson KHM time since, uhen it may be a question f the order is bound by the contract, but even then the ezaminlng physician ouglit to have been alle to lmve faógd Óf the MM) and as lon as money liad been acceptod on iiis policy n regular pay ment of do and MMMMBtl tbOM fof whom the bcnciit was Intended ihoold receive it. I f i mi siicmld parchwe a horse giving his note in p:iyment tliereof, and tlic horse slionld ba Uikrn irk iiml die vliortly liter, the purcliaser coiilil not nfnso beoftUW of tlmt to pay tlio nolc. It would le bad liick, to bc sure, hut he alone wonld be Uw loser. We look upon -this W lamnaoq business in mnch tlic same way. If u oompwiy Msoenti t tkk theg ihoaM Maad liy thcir Mrgala. '

Article

Subjects
Ann Arbor Courier
Old News