The Eighth Hungarian Tribe, 1984 (11. évfolyam, 1-12. szám)
1984-05-01 / 5. szám
Preparing for Your Future Today- by -Alexander Hody Agency Manager for the State of New Jersey William Penn Association 216 Somerset St. New Brunswick, N.J. 08901 Tel: 201-249-7752 Residence: 201-545-4794 Buying Life Insurance. By now I hope we have established the fact that we all need some sort of life insurance. From the owning of a well understood plan comes the feeling of security which spells into personal pride and the peace of mind. When we buy personal life insurance, we want one that fits our needs without costing us too much! Let us therefore, consider the following steps: 1. How much insurance we need, how much insurance is enough? 2. What kind of coverage do we want? 3. How much can we afford in relation to other vitally important expenses? 4. How to select the company and the sales representative? May I tell you, among all these four titles — the last one is the foremost important! When we have found a knowledgeable agent of honorable repute, we may rest assured that our needs will be estimated and presented properly and that all aspects of our business, will enjoy the finest representation. Of course, if we are to make a good choice we need to do our individual homework at this rather involved field of facts and figures. Contrary to the illcontrived belief, there are much greater the number of the professional and dedicated agents than the number of those who do not live up to the expectations also, there are excellent writings on the subject of life insurance which can be found readily, in any public library. Choosing the amount. It is an established fact that we all should have put 6% of our gross annual earnings into life insurance! One way to decide how much life insurance we need is to figure how much cash and income our dependents would need if we were to die, in other words, we should think of life insurance as a source of cash needed for the “last expenses” such as: a. Final illnesses. b. Paying taxes. c. Paying for incurred debts. d. Paying off mortgages. e. Providing for emergency and miscellaneous expenses. Besides these factual expenses, life insurance should also provide income for our family’s living expenses, educational costs and variables for the maintenance of the unit rhythm which is needed for the family functioning. All in all, our policies should come as close as you and I can afford of making up the difference between: 1. What your dependents would have if you were to die now . . . 2. What they would actually need! The life insurance is a very serious business! It deals with life. It is not an inexpensive application of the needed funds to carry on when the one who usually does, can not! Yet, there is nothing that can take the place of life insurance, when the need arises! Until the next time — walk in the sunshine every day! MONTH OF MAY IN HUNGARIAN HISTORY The Forgotten Hungarian King Of An African Empire One hundred and thirty-five years ago this month a very unusual event occurred in the Bihe region of Angola, West Africa. This happening was the marriage of May 23rd, 1849, of the Hungarian explorer-adventurer, László Magyar, with Ozoro, the favorite daughter of the King of Bihe. When his father-in-law died, László Magyar inherited the throne and became the ruler of an African empire which, in square miles, equaled that of his native land of Hungary! László Magyar, however, was much more than the Hungarian king of an African empire. He was also one of the greatest explorers of all time, even though he has yet to be acknowledged as such. He organized expeditions to the Amazonian jungles of Brazil years before others even dreamed of attempting such a dangerous mission and, when his astonishing discoveries were ignored by the world’s academic community and his own government, he decided to go to Africa. There, with the help of his Bihe people, he explored regions never before penetrated by whiteman-led expeditions. It was he, for example, who first ventured into the Congo and it was he, who discovered the source of the Congo River years before Stanley found Dr. Livingstone and said the words of greeting remembered and quoted to this very day: “Dr. Livingstone, I presume!” László Magyar, who was born in 1820, sent detailed reports of his findings to the Hungarian Academy of Sciences. But they were ignored. And, when he died in 1864 at the early age of 44, his notes and collections disappeared after the Portuguese occupation of his kingdom. Today, his remarkable achievements as an explorer, as well as his reign as the Hungarian King of Bihe, remain forgotten in the dust-covered annals of world history! Page 16 Eighth Hungarian Tribe
