Verhovayak Lapja, 1950 (33. évfolyam, 1-12. szám)

1950 / Verhovay Journal

PAGE 4 Verhovay Journal August 16, 1950 Verhovay Journal Journal of the Verhovay Fraternal Insurance Ass’n. OFFICE OF PUBLICATION 7907 West Jefferson Ave. Detroit 17, Mich. PUBLISHED MONTHLY BY THE Verhovay Fraternal Insurance Association Managing Editor: JOHN BENCZE Editor: JOHN SABO Editor’s Office: 436—442 FOURTH AVENUE PITTSBURGH 19, PA. Telephone: COurt 1-3454 or 1-3455 All articles and changes of address should be sent to the VERHOVAY FRATERNAL INSURANCE ASSOCIATION 436—442 FOURTH AVENUE PITTSBURGH 19, PA. SUBSCRIPTION RATES: United States and Canada ..................................... $1.00 a year Foreign Countries ..................................................... $1.50 a year Entered as Seeond Class Matter at the Post Office at Detroit, Michigan under the Act of March 3, 1879. OFFICIAL COM MEM T \ DON’T SURRENDER YOUR OLD MEMBERSHIP CERTIFICATE The surrender of your membership certificate for its cash value is not to your best interests. The certificate which you have had all these years is worth its weight in gold. Years ago your monthly dues were a little less than they are today. Just as any other industry the insurance business has had high costs to con­tend with, so it is only natural that the cost of insurance pur­chased today is a little more than in the past. If you are among the fortunate ones who have lesser-costing certificates, hold on to it. You have an excellent investment, something which cannot be duplicated today, just as the 314% and 4% interest earnings which you once were able to get from your savings bank. If it is your intention to surrender your certificate just to replace it with another certificate keep in mind not only the loss mentioned above, but the fact that new insurance rates will be based on your present age. The older you are the more your monthly dues will be. Also, don’t forget that you run the risk of losing all insurance protection if you first surrender your certi­ficate and then apply for other insurance. Since good health is not a guarantee to anyone, illness or accident may befall you when you least expect it. Your life may be insurable today, but it is possible that tomorrow you may be in the uninsurable class. Many people who surrender their certificates just to replace them with new ones overlook the fact that the new certificates for the first two years will be in the contestable period. Why re­place your present certificate which is past the contestable period? Another disadvantage the member accepts when he gives up his certificate for a new one is the loss of his guaranteed non­forfeiture values. When he takes up the cash value of the old certificate he automatically voids the reduced paid-up life and the extended term insurance options. The- new certificate will not have such non-forfeiture values for the first three years. Fur­thermore, there is no loan value on a certificate before the first, three years. It certainly is a comfortable feeling to know that in case of financial emergency you can turn to your membership Certificate for help. The extended term insurance option mentioned in the pre­vious paragraph is of the utmost advantage to the member. When a certificate has been in full force for at least three years it has an extended value. This means that in case you do not make a payment wthin the ninety-day grace period your insurance, for the full face amount less any indebtedness, is continued in force for a limited period. You do not run the risk of loss to your fam­ily in the event you did not pay your monthly dues within the grace period and you suddenly died. This one option alone is worth its weight in gold, and it has saved many a family from financial loss. A new certificate, for the first three years, could not offer you such temporary protection if you needed it. It is indeed unfortunate that people, despite all these disad­vantages, still surrender their certificates. In most cases they are influenced by unscrupulous insurance solicitors, who for the sake of earning a commission on a new sale put them into unfavorable positions. For your own good beware of the insurance agent who would sell you his insurance just to replace the insurance you now have. Remember that the smooth talk he uses in advancing his arguments should not influence you into action until you have LAPSED MEMBERS — JUNE, 1950 SENIOR ORDER. 2 Delbo Emery; 21 Wargo Stephen J.; 27 Mihalec Mrs. Louis; 34 Gregovits Mary, Murányi Joseph, Varga Louis T.; 36 Folding John, Jr., Folding Matilda, Galloway Ralph; 45 Toth David, Vura James Robert; 48 Clark Herbert, Sr., Clark Mrs. Herb., Sr., Nemeth Ernest J., Zmenyak Vera; 76 Smith Charles, Sr.; 106 Drotar Paul J.; 129 Brekur George K., Burns Tho­mas C.; 132 Molnár Frank, Pajor John F., Rokop Elizabeth, Smith Charles F.; 138 Bodnar William J., Novotny John, Jr.; 159 Souch James P.; 197 Courtright June; 216 Legath Anton; 218 Balazs Betty; 236 Sipos Mrs. Andrew; 342 Hob­­lit Melby; 452 Baranowski Mrs. Wal.; 490 Meiszberg Robert J.; 537 Couch Wavalena; 548 Mocsary Frank. JUVENILE ORDER: 13 Vágott David; 14 August John M., Bajnoci Mi­chael, Jr.; 17 Andorka Patricia J., Lynch Bernice C., Nemeth Violet P.; 20 Sziszak Lois Ann; 21 Pinter Joseph, Pinter Theresa; 26 Poplava Nancy L., Szelencsik Ethel; 27 Nyári Rose Ann; 32 Hamro Barbara Ann; 34 Berdar Louis A., Berdar Roslyn, Cox Helen, Gregosits Anna, Hodermarsky Zoltán; 36 Dangelo Bai’bara L., Folding Ernest, Macsuga Andrea, Macsuga Andrew, Macsuga Ferenc, Macsuga George, Macsuga Priscilla, Nelinger Gerald G., Rizzo Fred, Stanko Peggy Lee; 40 Kantzes Katharine, Kuhn Betty Louise, Kuhn Charles A., Kuhn Martha J., Roscoe George F.; 45 Balogh Lillian R., Frankovits Dolores, Frankovits Helen, Halasz John, Hallas Emery, Jr., Szabó Amelia, Szabó Stephen, Jr., Szőke Siegfried B., Wild Evelyn Agnes; 48 Clark Dorcas P., Clark Frank D.; 59 Tallion Ronald; 63 Brown Margaret L.; 64 Bowman Richard T.; 89 Klinko Ethel; 96 Gadzinski Richard, Nemeth Mary G.; 129 Tokár Shirley Ann; 132 Papp Emery J., Sulok Rose T.; 138 Klusovsky Kenneth, Sable Charles E.; 164 Kissane Iralee J., Phillips Gerald R.; 201 Hazy Peter Paul; 215 (Joinery Joseph II; 222 McDonald Michaele; 226 Gergely Vil­ma; 249 Romero Monica; 313 Booth Donald D., Booth Glen Morris, Booth Luna Joyce, Booth Peggy Faye, Booth Sheridan, Jr.; 362 Donahue Margaret M.; 360 Duruttya Edward, Késig John D., Késig Robert T., Késig William; 487 Kuncz Helen A.; 511 Tulak Mary Anna; 517 Barta Lillian M., Roman Cynthia S.; 525 Toth Betty Irene; 544 Kelley Betty Jane, Kelley James Fred; 567 Vichich Thomas. 35 Senior Order, 80 Junior Order Members, Total: 115 Members. JOHN SABO, National Auditor. REINSTATEMENTS — JUNE, 1950 FROM LAPSED. SENIOR ORDER. BR.: 13 Gioffredi Amelio, Giof­­iredi Mrs. Amelio; 45 Kovács Mrs. Louis; 76 Bumbuc Peter J.; 132 Freshley Moody H., Witkowski Edward S.; 141 Daniels Mrs. Harry; 361 Guroy Mrs. John, Molnár Mrs. Gabriel; 366 Mózes William J.; 383 Meister Louis; 403 Lozano Josephine; 467 Varga Margaret J. JUNIOR ORDER: 14 Gorgie Dorothy G.; 33 Martin John, Jr., Nibert Margaret L., Spisack Glenard W., Spisack James R., Spisack Stephen R.; 43 Krapovics Michael; 45 Bessenyey August J.; 59 Berish Barbara E., Remz Al­bert,' Jr.; 71 Kostley Lawrence; 107 MacCune Patricia; 120 Balog Julius, Jr.; 208 Casorla Don Carlos, Garay Charles M., Garay George A.; 213 Vagotfe Joseph, Jr.; 264 Kupec Josephine, Rabatin Dennis J.; 303 Krafft Carol Joyce; 361 Kolozsvary Lee E., Kushner Bertha J.; 362 Sepela Michael, Jr., Sepela Patricia A.; 386 Scappina Vincent, Scappino Angelina (2), Scappino Carlo A. (2), Scappino Marie J., Scappino Mario C. (2); 428 Kalman Stephen III; 490 Penzenik Sandra S. FROM EXTENDED. SENIOR ORDER. 8 Bodie John, Fiia József; 9 Hibo Mrs. Henry; 13 Gioffredi Mrs. Amel; 17 Bálázik Susan, Balazsik Paine, Hegyi Louis, Kovach Joseph G., Kovach Mrs. Joseph, Szabó Stephen, Szántó S. John; 21 Gober John; 25 Gombos Gabor; 34 Viszlai Peter, Zaker Edward, Zaker Edward A., Zaker Mrs. Edward; 39 Beres George L.; 45 Bodnar A. Lajos, Mogyorody Mrs. Fra., Nyíri Walter N., Scarpelli Mrs. A., Steiner Nicholas; 48 Micsko Mrs. Geza; 59 Beres Janos, Jr., Remz Albert; 71 Prekop Maria; 107 Kozdron Joseph T., Stanbery Mrs. Ernest; 114 Roth László; 121 Pazsitka Janosne; 132 Freshley Mrs. Moody (2), Freshley Richard; 141 Szakelyhidi Mrs. B., Szekelyhidi Bert, Toth George (2); 142 Ungvári John; 163 Balazs Kalman, Mihalik Gyula; 170 Fodor John F„ Pavkovich Vincent; 174 Zipay Michael, Jr., Zipay Paul, Zipay Zita Rachael, Zsipay Mihály, Zsipay Mi­­lialyne; 214 Most Mrs. Frederick; 249 Farkas Michael, Jr.; 277 Hornyak Mrs. Andrew; 284 Simko Stephen; 293 Ujheli László; 303 Krafft Adolph V., Krafft Mrs. Adolph, Krafft William B.; 345 Hussar Stephen; 361 Bodolai Mrs. John, Feldt Mrs. Ellsworth, Fodor Mrs. Joseph, Hegedűs Mrs. Charles, Kleinholz Mrs. Nich., Varga Mrs. Anna; 362 Sepela Michael; 369 Vadasz Janos; 383 Kozma Adam, Kozma Desire, Kozma Mrs. Desire, Molnár Emma; 386 Scappino Mrs. Anna; 399 Pinto Mrs. Silvano; 417 Czarnecki Mrs. Mat.; 428 Marki Paul; 485 Wenner Mrs. Richard; 490 Bridge Mrs. Earl, Penzenik Theodore, Penzenik Mrs. Theo.; 500 Cantrell Mrs. Aus., Yuha Mrs. Steven; 511 Nagy 1 James J. JUNIOR ORDER: Par. Fiaim Faith Gail; 14 Suto Evelyn M.; 59 Beresh John Frank; 96 Budos Julius; 132 Freshley Jack, Freshley Robert B.; 174 Jonas Joseph J., Jr. (2), Maslar William, Jr.; 399 Murincsak Irene, Murincsak Margaret; 428 Kalman Stephen III; 490 Penzenik Michael, Wilsey James Rich.; 500 Cantrell Dennis J., Cantrell Penny M.; 511 Nagy James F. 93 Senior Order, 51 Junior Order Members, Total: 144 Members. JOHN SABO, National Auditor. checked on his arguments with your branch manager or the Home Office. There are always two sides to a story and in fairness to those who have treated you so well hear the other side as well. In most cases you will keep your old membership certificate. If it is more insurance protection that you need, and most of us do, buy it. But don’t surrender your present insurance pro­tection. If it is money you need, request a loan. But don’t give up your present certificate. If you are not satisfied with the class of insurance your certificate is based on, inquire about changing it to another class based on the same date of issue. But by no means surrender your present insurance. Your present membership certificate is worth its weight in gold. Keep it in full force.

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