Fraternity-Testvériség, 1956 (34. évfolyam, 1-12. szám)
1956-09-01 / 9. szám
10 FRATERNITY I. WHEN $3,000 MINIMUM PROTECTION IS NEEDED Premiusm at the ages of Plan and Amount 25 35 45 $1,000 Whole Life ...................................... $2,000 Additional Protection ................... .................. $1.91 .................. 1.04 $2.36 1.66 $3.16 3il6 Total Monthly Dues .................................... .................. $2.95 $4.02 $6.32 II. WHEN $6,000 MINIMUM PROTECTION IS NEEDED Plan and Amount Premiusm 25 at the 35 ages of 45 $2,000 Whole Life ..................................... $4,000 Additional Protection .................. .................. $3.35 .................. 2.08 $4.29 3.32 $ 5.95 6.32 Total Monthly Dues .............................................. $5.43 $7.61 $12.27 Expressed in words, it means that the $3,000 coverage would cost roughly between $3.00 and $6.00, the $6,000 coverage between $6.00 and $12.00 per month, depending on the age of the prospect. Recalling the premiums of Whole Life insurance for the same amount, the saving on dues is obvious. A 25-year-old prospect, for instance, pays $9.11 for $6,000 Whole Life insurance, while the same amount in the combination shown above will cost him merely $5.43, which means more than 40% lower premium payment. Finally, a friendly word of advice: do not leave your beloved ones without adequate protection. Carefully calculate the minimum amount necessary to take care of those cash expenses. If your budget is tight and allows you but a few dollars for insurance purposes, settle for the least expensive plans or combination of plans rather than take out a certificate perhaps higher valued but insufficient to give assistance to the survivors when it is so badly needed. The minimum safe coverage of your family is a prerequisite of the good insurance which prevails as to any other considerations.
