William Penn Life, 1981 (16. évfolyam, 1-3. szám)

1981-07-01 / 3. szám

The President’s Corner

THE FRATERNAL EDGE

William Penn’s Fraternal Bonus

When everything else is the same, insurance with a fraternal society makes the difference. And, when you own your life insurance through the William Penn, the difference is BIG.

The BIG EDGE with the William Penn lies in our new Fraternal Bonus Plan. Before I explain it in detail, here's why it offers the big edge.

I recently did some reading regarding the cost of raising a family in these days and times. A government expense estimate puts the cost of raising a child at $65,000 per child in direct, out of pocket expenses. That's for 1 8 years of raising, not including college expenses.

But one writer says that's unrealistically low. Thomas Tilling, in the November 1980 issue of Parents magazine, points out that for one thing, the government estimate doesn't take inflation into account. At an assumed inflation rate of 10% per year, that makes the figure more

Two days before, the major league teams and owners agreed to disagree and as a result, the Flag Day weekend saw no baseball played across the country.

It would appear there is some discussion as to refunds on the advance tickets, and that being in question, Branch 705 just might pick another date and have a branch attendance.

To assist the National Fraternal Congress in determining the effectiveness of the Fraternal Communicator program, a test project has been conducted by Communicators in specific areas of Wisconsin.

The communicators have been asked to contact the public officials of numerous cities in the various areas of Wisconsin to proclaim June 8th to the 14th as Fraternal Week and call upon citizens to lend their support and show their appreciation of the contributions made by the fraternal benefit system.

The Milwaukee Blind Mixed Bowling League has concluded another

season. The annual awards banquet was held at the Crystal Palace on West National Avenue, Milwaukee.

This league is composed of eight teams of persons considered to be partially sighted, to totally blind. Bowling is a competitive sport and it provides these people with a means to gain a measure of self-assurance through the social contacts surrounding the weekly bowling sessions.

As we have for quite a few years in the past, Branch 705 sponsors one of these teams bowling at the Eagles Club on Thursday nights. The captain of the William Penn team is Miss Betty Rudolph, a long time William Penn member. Although the William Penn team did not end up in the circle of champions this year, they did end the season tied for second place. There were individual awards for worthwhile achievements among the team members.

John J. Lippert

Branch Manager

Mayor of Mayville, Wisconsin signing said proclamation. Seated from left to right, Alderman George Walk, Mayor Marjorie Bachhuber and Alderman Roger Henning. Standing left to right, Alderman Phil Luce, William Penn Branch Manager and Secretary Jack and Gladys Lippert and Alderman Wilbur Schmidt.

like $165,000. Even at only 5% inflation it's about $100,000. Further, the government doesn't budget enough to each expense category. For example, it allots only about $24 per week to feed a teenager, based on the assumption that the teenager comparison shops for nutritional value. Not even many adults do that.

Titling's estimate is $254,1 13. That doesn't include college, but does include one spouse's loss of earnings while staying home until the child reaches school age.

That certainly is a lot of money, but here's some innovative WPA help.

Effective immediately William Penn's Fraternal Bonus plan provides the following Orphan Benefits to children of William Penn insured parents. Both parents must be insured with the William Penn, one for at least $5,000 of ordinary life insurance, the other spouse for at least $2,500 of ordinary insurance. Included in their plans, automatically and at no extra charge are the following orphan benefits:

Upon the death of both parents, (deaths need not be simultaneous), William Penn Association will pay orphan benefits as follows:

$75 per month for each child until they are 5 years of age.

$100 per month for each child until they are age 14.

$150 per month for each child until they are age 18.

Then, if any of the children want to go to college, the William Penn will provide,

$2,000 Orphan Scholarship benefit per year for four years for each child.

If you were a 30 year old parent with four children, ages 1-2-3-4, and died or were killed this year, and your spouse died a year later, when the children were 2-3-4 and 5 years of age, we calculate that to mean $77,400 of additional benefits, at no extra cost to you.

Then, add the $8,000 available to each child for the Orphan Scholarship Benefit and that's another $32,000. A TOTAL OF $109,400 INCLUDED IN YOUR WILLIAM PENN INSURANCE PLANS.

THAT'S A BIG EDGE, TO YOU, FROM THE WILLIAM PENN ASSOCIATION.

If you need more details, just write for information.

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