Verhovayak Lapja, 1949 (32. évfolyam, 1-12. szám)

1949 / Verhovay Journal

PAGE i2

Verhovay Journal

November 16, 1949

A SOUND INSURANCE CONTRACT FOR EVERY LIFE SITUATION

TAKE YOUR CHOICE FROM VERHOVAY’S GREAT VARIETY OF INSURANCE PLANS PROVIDING ALL AROUND PROTECTION — FROM THE CRADLE TO THE GRAVE — FOR EVERY MEMBER OF YOUR FAMILY. — WHETHER YOU WANT LIFE, HEALTH AND ACCIDENT INSURANCE PROTECTION PROVIDI NG MAXIMUM BENEFITS AT LOWEST POSSIBLE COST. — OR FUNDS FOR YOUR CHILDREN’S HIGHER EDUCATION. — OR CAPITAL FOR A BUSINESS VENTURE IN MIDDLE AGE — OR OLD AGE SECURITY: VERHOVAY HAS A CONTRACT MEETING YOUR NEEDS AND SUITED TO YOUR POCKETBOOK

SENIOR ORDER

ADMISSION FROM t6TH TO 60TH BIRTHDAY CERTIFICATES ISSUED FROM $500 TO $5,000

CLASS “AA” — ENDOWMENT AT AGE 85 INSURANCES

Highest protection at lowest cost. Dues payable until certificate anniversary nearest member’s 85th birthday, or until prior death of member. Face amount payable to member on certificate anniversary nearest to his 85th birthday, or, upon prior death, to beneficiaries. — Monthly dues per $1,000 insurance: $1.65 at age 20, — $2.08 at age 30, — $2.81 at age 40, etc. — Per $2,000 insurance: $2.91 at age 20, — $3.77 at age 30, — $5.23 at age 40. etc., (plus 5 cents per certificate toward branch administration.)

CLASS “B" — TWENTY PAYMENT LIFE INSURANCE

Highest protection at lowest cost under limited payment plan. Dues payable for 20 years, or until prior death of member. Face amount payable to beneficiaries immediately upon the death of the member. — Monthly dues per $1,000 insurance: $2.63 at age 20, — $3.09 at age 30. — $3.77 at age 40, etc. — Per $2,000 insurance: $4.87 at age 20, — $5.79 at age 30, — $7.14 at age 40. etc., (plus 5 cents as above.)

CLASS “C" — 20 YEAR ENDOWMENT INSURANCE

Combination of guaranteed savings plan and protection. Dues payable for 20 years, or until prior death. Face amount payable in full to member on 20th anniversary of certificate, or to beneficiaries upon prior death. — Monthly duesjper $1,000 insurance: $4.33 at age 20. — $4.40 at age 30, — $4.65 at age 40, etc. — Per $2,000 insurance: $8.26 at age 20. — $8.41 at age 30, — $8.90 at age 40. etc., (plus 5 cents, as above.)

CLASS “D” — 30 YEAR ENDOWMENT INSURANCE

Combination of guaranteed savings plan and protection. Especially suitable for those desiring savings plan but unable to pay 20 Year Endowment rates. Dues payable for 30 years, or until prior death of member. Face amount payable in full to member on 30th anniversary of certificate, or to beneficiaries immediately upon death of member if occurring prior to maturity date. — Monthly dues at $1,000 insurance: $2.87 at age 20, — $2.96 at age 30, — $3.32 at age 40, etc. — Per $2.000 insurance: $5.34 at age 20, — $5.52 at age 30, — $6.24 at age 40. etc., (plus 5 cents, as above.)

CLASS “E” — ENDOWMENT AT AGE 60 INSURANCE

Combination of guaranteed savings plan and protection, designed particularly to provide old age security. Dues payable until certificate anniversary nearest to member’s 60th birthday, or until prior death. Face amount payable to member on certificate anniversary nearest his 60th birthday, or to beneficiaries immediately upon prior death. — Monthly dues per $1,000 insurance: $2.14 at age 20, — $2.96 at age 30. — $4.65 at age 40. etc. — Per $2,000 insurance: $3.88 at age 20, — $5.52 at age 30. — $8.90 at age 40. etc., (plus 5 cents as above.) Issued up to age 55.

CLASS “F” — ENDOWMENT AT AGE 70 INSURANCE

Combination of guaranteed savings plan and protection, designed to provide security for high age at lowr cost. Dues payable until certificate anniversary nearest the member’s 70th birthday, or until prior death. Face amount payable to member on the certificate anniversary nearest to member’s 70th birthday, or to beneficiaries immediately upon prior death of member. Monthly dues per $1,000 insurance: $1.80 at age 20, — $2.34 at age 30, — $3.32 at age 40, etc. — Per $2,000 insurance: $3.21 at age 20, — $4.28 at age 30, — $6.21 at age 40 etc., (plus 5 cents, as above.)

CLASS “G” — TWENTY PAYMENT — | ENDOWMENT AND } PAID-UP LIFE INSURANCE-> \

Combination of 20 Year Endowment and 20 Payment Life insurance. Dues payable for 20 years. Half of face amount payable to member on 20th certificate anniversary, the other half pa; able to beneficiaries upon death of member, in the event of death prior to maturity date, entire face amount payable to beneficiaries immediately following death of member. — Monthly dues per $1,000 insurance: $3.48 at age 20. — $3.75 at age 30, — $4.21 at age 40, etc. — Per $2.000: $6.56 at age 20, — $7.10 at age 30, — $8.02 at age 40, etc., (plus 5 cents, as above.)

ACCIDENTAL DEATH BENEFIT INSURANCE

Additional accidental death benefit insurance (Double indemnity) contracts up to $2,000. Contract expires at certificate anniversary nearest to member’s 70th birthday. Monthly dues 15 cents for $500, — 25 cents for $1,000, — 40 cents for $1,500, — and 50 cents for $2,000.

SICK BENEFIT INSURANCE CLASS I Dues: $0.45 monthly.

Benefits: $4.00 per week, Admission: age 16 to 55, men, age 16 to 40, women. CLASS II

Dues: $0.90 per month, Benefits: $8.00 per week, Admission: age 16-45, men, age 16 t© 40, women.

CLASS III Dues: $1.90 per month Benefits: $12.00 per week Admission: age 16 to 40, men. only.

CLASS IV

Dues: $1.90 per month Benefits: $16.00 per week Admission- age 16 to 35, men only.

Contract expires at member’s 65th birthday, and, also, upon entry in military service. Benefits payable beginning as of 8th day following report of disability to manager. No benefits paid for first 7 days. Maximum coverage 624 weeks, excepting continuous illnesses limiting coverage to 50 weeks. Maximum benefit period during one calendar year 20 weeks. Requirement: certification of total disability by M.D. (Medical Doctor) physician.

MAIMING BENEFITS. Maiming benefits ranging from $100 to $400 available, in addition to sick benefits, to the members of any sick benefit class.

CHILDBIRTH BENEFITS. Female members of the sick benefit department are eligible to receive $15.00 childbirth benefits upon duly certified delivery of each child.

JUVENILE ORDER

ADMISSION FROM DAY OF BIRTH TO 16TH BIRTHDAY CERTIFICATES ISSUED FROM $500 TO $5,000, SUBJECT TO LIMITATIONS BY STATE STATUTES CLASS “AA-J" — ENDOWMENT AT AGE 85 INSURANCE

Maximum protection at lowest rates. Dues payable until anniversary of certificate nearest 85th birthday of member, or until prior death. Face amount payable to member on certificate anniversary nearest 85th birthday, or t© beneficiaries immediately upon prior death. (See schedule of benefits below.) Monthly dues per S1,000 insurance: $1.18 at birth (up to 6th month), $1.25 at age 5, $1.36 at age 10, etc. For $2,000: $1,97 at birth, $2.11 at age 5. $2.33 at age 10. etc., (plus 5 cents per certificate toward branch administration.)

CLASS “B-J" — TWENTY PAYMENT LIFE INSURANCE

Maximum protection at Ion est rates under limited payment plan. Dues payable for 20 years. Face amount payable to beneficiaries upon death of member. (See schedule of benefits below.) Monthly dues per $1,000 insurance: $2.00 at birth. $2.10 at age 5, $2.26 at age 10, etc. Per $2.000 insurance: $3.61 at birth. $3.81 at age 5, $4.13 at age 10, etc., (plus 5 cents, as above).

CLASS “C-J" — TWENTY YEAR ENDOWMENT INSURANCE

Combination of guaranteed savings plan and protection, dues payable for 20 years. Face amount payable to member on 20t.h anniversary of certificate, or to beneficiaries upon prior death. (See schedule of benefits below). Monthly dues per $1,000 insurance: $4.23 at birth. $4.25 at age 5, $4.27 at age 10, etc. For $2,000 insurance: $8.06 at birth, $8.10 at age 5, $8.14 at age 10, etc., (plus 5 cents, as above.)

CLASS “H-J" — ENDOWMENT AT AGE 18 INSURANCE

Combination of guaranteed savings plan plus protection, designed especially to provide funds for higher education of member. Dues payable until certificate anniversary nearest t« member’s 18th birthday, or until prior death. Face amount payable to member on certificate anniversary nearest to 18th birthday, or to beneficiaries upon prior death. (See schedule of benefits below.) Monthly dues per $1,000 insurance: $4.73 at birth, $5.05 at age 1, $6.73 at age 5, $8.89 at age 8, $11.25 at age 10, etc. Per $2,000 insurance: $9.07 at birth, $13.06 at age 5, $22.10 at age 10. etc., (plus 5 cents, as above). Issued up to age 15.

SCHEDULE OF BENEFITS

The rates quoted above apply only in states permitting the writing of certificates with “Full Benefit At Age 5”. This excludes the states of New York, and Virginia, where statute^ prohibit the payment c<f full death benefits in cases of death occuring prior to age 10. Rates on certificates providing payment of “Full Benefit At Age 10,” (N. Y., Va.) are slightly lower.

Death benefits payable in states permitting the payment of full benefit at age 5, are — per $1,000 insurance — as follows: $100 within 6 months after date of birth, $200 at age 1, $400 at age 2, $600 at age 3, $800 at age 4, $1,000 at age 5 and after.

PAYOR BENEFITS TO AGE 21 OR PRIOR MATURITY

Payor insurance providing, in the event of death of payor, waiver of tines on Juvenile contract until certificate anniversary nearest 21st birthday of (juvenile) member, or until prior maturity. Payor may be parent, grandparent or guardian. Medical proof of insurability of payor required.

Available in all juvenile classes. Monthly dues (to be added to regular dues quoted above) per $1,000 insurance, age of payor 25, age of juvenile member 1: 10 cents in Class “AA-J” — 14 cents in Class “B-J” — 23 cents in Class “C-J" — 22 cents in Class “H-J”.

ACCIDENTAL DEATH BENEFIT INSURANCE

Accidental death benefit insurance (double indemnity) available to juvenile members of age 10 or older. Conditions and rates same as in Senior Order.

CLASS “C” TERM JUVENILE INSURANCE

Insurance protection at lowest possible cost from birth to 16th birthday when certificate expires. No cash or loan values. Approximately 30% of net mortuary dues refunded if exchanged for Ordinary certificates after membership in good standing for three years. Term contracts provide for death and maiming benefits. Full death benefit $500. — Dues 40 cents per month.

NON FORFEITURE VALUES

Extended, Paid-up Insurance, Cash Surrender and Loan values available on all Ordinary insurance certificates (Class “C” Term Juvenile excepted) after 3 years' membership in good standing.

IF YOU NEED INSURANCE FOR YOURSELF — YOUR WIFE — YOUR HUSBAND — OR YOUR CHILDREN — STUDY THIS LIST — ASK YOUR MANAGER’S ADVICE AS TO WHICH TYPE WOULD SUIT YOUR CIRCUMSTANCES — MAKE SURE YOU HAVE ENOUGH OF THE RIGHT KIND OF INSURANCE — MAKE SURE THAT YOU BUY THE BEST AND THE MOST FOR THE LEAST — FROM THE VERHOVA.Y FRATERNAL INSURANCE ASSOCIATION.