William Penn Life, 1998 (33. évfolyam, 1-12. szám)
1998-10-01 / 10. szám
WIT I JAM PFNN UFR Volume 33, Number 10 Address Correction Requested October 1908 LP65: a lifetime of coverage at competitive prices By Richard W.Toth, flmi.fic National Vice President-Secretary PITTSBURGH - The William Penn Association is pleased to announce that, beginning Oct. 1, 1998, it will be offering a new “Life Paid-Up at Age 65” insurance plan to its members. Chairman of the Board Michael J. Hrabar and the WPA Board of Directors reviewed the WPA’s portfolio and decided the time was right to reintroduce one of our Association’s most popular life insurance plans. The new Life Paid-Up at Age 65 plan-or LP65, for short-is exactly what its name implies. This plan offers level insurance coverage for the life of the insured. Premiums are payable from issue until the insured reaches age 65. It offers all the advantages and flexibility of our ordinary life plan, but with a limited period of premium payments. In short, the LP65 plan provides a lifetime of protection without a lifetime of premiums. It is an excellent plan for people looking to keep their life insurance premiums down, while maintaining coverage beyond the normal period of a term policy. People from ages zero to 60 are eligible to apply for an LP65 plan. Premiums are based on your age to your nearest birthday, sex, evidence of insurability, and, at age 15 and older, whether or not you smoke. The required minimum face amount is $5,000 for ages zero through 54, and $2,000 for ages 55 through 60. As with an ordinary life policy, an LP65 policy carries cash value which will continue to increase each year the policy is in force. Dividends are also projected, but not guaranteed, to be paid. By including one of the WPA’s term riders to this plan, you can provide a significant amount of insurance protection at a reasonable cost. With an LP65 plan, you can also add on other supplemental riders which may suit your needs, including an accidental death benefit and a waiver of premium benefit. Remember: insurance coverage is not for those who die, but for those—your loved ones-who live. Our LP65 plan may be the perfect way to provide for your loved ones. For more information on this plan now being offered, please contact your local WPA sales representative or call the Home Office tollfree at 1-800-848-PENN (7366). Listed below are representative annual premiums per $1,000 of insurance coverage under the LP65 plan: Insured's Age, Sex and Smoking Status $5,000 • $24,999 $25,000 • $49,999 $50,000 • $99,999 $100,000 And Up Age 35-Male-Nonsmoker$16.75 $12.75 $11.75 $11.25 Age 35-Male-Smoker $19.46$15.46 $14.46 $13.96 Age 35-Female-Nonsmoker$15.59 $11.59 $10.59 $10.09 Age 35-Female-Smoker $16.99$12.99 $11.99 $11.49 Member, husband find dual use for old trailer By J. T. Whitehouse From the Canfield Town Crier CANFIELD, OH — The oldest concession trailer at the Canfield Fair has had a dual purpose. It provided good “fair food” while it also put two Canfield students through college. The 1938 “popper trailer” was purchased by Branch 28 Youngstown member Donna Gostey and her husband Bob 14 years ago. “I bought it with the intention of putting my kids through college,” said Bob Gostey, 60. “I didn’t want to disrupt the finances from my regular job too much, so I said, ‘Let’s get something going.’” From the trailer, the Gosteys sell popcorn, candy apples, cotton candy and snow cones. Three years ago, they added a pop dispenser because they were turning away too much business for drinks. The Gostey’s bought the antique trailer in 1984. Over the next two years, Bob rebuilt it from the ground up, keeping the original design intact. The only changes were the removal of a large copper kettle used for making candy apples and the addition of its smaller replacement, allowing for more room inside. Bob also had to alter the neon lights that set on top of the trailer, making them easier to remove. Before the change, it would have taken only a bump from a low-hanging tree limb to destroy the lights. He replaced much of the glass that surrounds the trailer. Bob said he has to watch what roads he takes as a bumpy one can cause the glass to break. The only other problem he has had concerned sinks. When the trailer was new, there were no health codes requiring sinks and running water. For the first few years the Gosteys owned the trailer, it was grandfathered as an antique. But changes in the health requirements threatened the trailer’s approval. Bob solved it by purchasing a laundry sink and setting it outside the trailer’s door. It passed regulations and kept him in the fairs. The Gostevs attend only three fairs a year: the Canfield Fair, the Washington (Pa.) County Fair, and the Columbiana Street Fair. They also do two charity events: the Todd’s Children’s Hospital Heather Vance Day for terminally ill children, and an event for crippled children put on by Bob VanSickle. All the proceeds the Gosteys raise from these latter two events go to the children. “This is my contribution to the needy,” Bob said. “It gives me a good feeling to see these children have fun.” As for the trailer’s purpose, it has put both of the Gosteys’ children through school. Daughter Laura graduated from Youngstown State University three years ago and is now a teacher with the Youngstown school district. Son Mark graduated from Youngstown State earlier this year and is entering the field of civil engineering. Both Laura and Mark are members of WPA Branch 28. “It did its job very well,” Bob said. “Now it’s our turn to reap the harvest.” Bob retired from General Motors four years ago, after 30 years of service. The antique trailer has kept him busy in his retirement. The Gosteys plan to keep it going at least another five years before considering whether to sell it or turn it over to their children. Bob said Laura has shown some interest in it. For now, the Gosteys are enjoying their time at every Canfield Fair since they are able to return home each night to a hot shower and a comfortable bed, an advantage of living only 10 minutes from the fairgrounds. They are also looking forward to next year, and are glad this year is over. “We are glad to see the season come. And then at the end, we are glad to see it go,” Bob said.
