Fraternity-Testvériség, 1978 (56. évfolyam, 1-4. szám)
1978-01-01 / 1. szám
WHY DO WE BUY LIFE INSURANCE? There is no other way to provide for the financial security of our loved ones than with proper life insurance coverage. We all strive to give our families a home, financial security and prepare our children with the knowledge of a good Christian upbringing and prepare them for a good education. Everyone realizes that all of these things take money, and there is no better way to accomplish this end than with life insurance plans that help us save. The purchase of life insurance will provide financial security for those who are left behind when we are called by our Creator, and the words spoken are "‘Well done good and faithful servant.” Those that are near and dear to us will receive this protection through our compulsory savings with life insurance. There are two economic dangers confronting us. One being that of living too long and the other of dying too soon. You are all aware that the cash values on life insurance certificates increase as the years go by. Therefore, it is possible in later years to take a loan against your life insurance plan when a lending institution would not be in a position to loan money. This could be due to the economic conditions or because of the applicant’s age. With life insurance, neither the economic conditions or the age of the applicant would matter as you would be able to borrow against your life insurance. With the inflation rising each year, it would be well to consider additional insurance protection. For that what you had purchased years ago for either final expenses or adding to your retirement has been affected by the inflation factor. If we are given enough time, we can provide the necessities of life for our family, such as paying off the mortgage on a home, seeing the children through college and giving them a wedding gift to start their new life. All of these things can be done only if we are given enough time on earth. Each of us are unaware of the time given by our Creator and from the time we are born, we live to die. All of our ambitions can be accomplished with adequate life insurance coverage. The justice of Life Insurance is unique. It serves all of us equally—the rich and the poor—the young and the old. Not one of us can get more or less than that for which we have contracted to receive. This seems to sum up an article that I had previously written and published in the Fraternity entitled, “Yesterday Is A Cancelled Check, Tomorrow Is A Promissory Note and TODAY Is All We Really Have.” LET US ALL PLAN FOR FINANCIAL SECURITY THROUGH LIFE INSURANCE COVERAGE WITH OUR FEDERATION ! ! ! EEV IMPORTANT NOTICE Who is listed as the beneficiary on your life insurance certificate? This question is asked now, because upon receiving notice of the death of the insured, the payment must be made to the beneficiary on record with us. All of your life insurance certificates should be reviewed and if any changes are to be made, do it now. Our Field personnel will assist you in updating your certificates. It would be wise to check with them regarding additional protection you might require which will help you fight the trend of inflation. ARE YOU MOVING? ? ? ? Please Let Us Know Your New Address Mailing Label From This Publication NEW ADDRESS LISTED BELOW: EFFECTIVE DATE .................................................................... Name ............................................................................................ Address ........................................................................................ City ................................................................................................ State ..................................................... Zip Code ..................... Please mail this completed form to: HUNGARIAN REFORMED FEDERATION OF AMERICA 3216 New Mexico Ave., N.W. Washington, D. C. 20016 11
