Bethlen Almanac 1997 (Ligonier)
The Hungarian Reformed Federation of America
The results of this survey show that the Hungarian Reformed Federation of America has a strong franchise among its members that has gone a long way towards bringing new blood into the organization. Unfortunately, the results of this survey also indicate that the ties that have bound members to the organization are not strong in the younger generations as they were in earlier ones. Moreover, there is no strong inclination among Hungarian Americans to deal with an ethnically-based financial services company. Indeed, there is a large segment of the population that has little or no knowledge of the Federation. Complicating matters, many members are unaware of what a fraternal society is, much less what benefits the HRFA provides. What stands clear throughout the analysis, HRFA members hold the Federation in high regard even though many are unaware of much of what the organization provides. For non-members, interest in dealing with people of similar heritage is strong, but awareness of the Federation is not. To enhance the public awareness of the HRFA is essential. This measure calls for increased involvement of our society in the affairs of the American Hungarian community at large. To begin with, we have joined several Hungarian American organizations to jointly serve the ethnic community in the United States and to represent their concerns. Further, we will do all that is required of us to reach out to the younger generations to explain the financial and fraternal benefits of our society and the advantages of their membership. The Advantages of Life Insurance The primary purpose of life insurance is to provide financial security for your family. Life insurance helps to ensure that when you die, your family will have the financial resources and income needed to run the household and to protect their home and assets. Life insurance coverage is obtained through the purchase of a policy. You join a life insurance company when you purchase life insurance. Your insurer promises to pay a sum of money to the person or persons you named as your beneficiary or beneficiaries, at your death. This promise is given in return for your agreement to pay your premiums over a specified period of time. In determining how much life insurance you need, you might consider calculating how much replacement income your dependents would need, if you died. You should think of life insurance as a cash resource that can be used for the expenses of final illness, paying taxes, tuition costs, etc. Ideally, your policy should attempt to provide an increasing 19 I
