Verhovayak Lapja, 1949 (32. évfolyam, 1-12. szám)
1949 / Verhovay Journal
PAGE 4 Verhovay Verhovay Journal Journal of the Verhovav 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 3454 or 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 Second Class Matter at the Post Office at Detroit, Michigan under the Act of March 3, 1879. THE BOARD OF DIRECTORS OF THE VERHOVAY F. I. ASSOCIATION announce with profound sorrow the death of Ernest Kunstadt Acknowledged and Appreciated Member of the Association, the Manager of Branch 164, Chicago, III., on Thursday, July 14th, at the age of 55. The Board of Directors, paying final tribute to the memory of our Acknowledged and Appreciated Fellowmember, convey on behalf of the membership of the Verhovay F. I. Association, their deepest sympathy to his widow, his two sons and daughters-in-law, his three grand-children, and to his widowed mother and her family in Hungary. ATTENTION ALL PARENTS! — NON-MEDICAL PAYOR BENEFIT INSURANCE AVAILABLE TO APPLICANTS UNDER AGE 35 IN ALL STATES , EXCEPT NEW YORK. — The last issue of the Journal carried the announcement that applicants for Payor Benefit Insurance under 35 years of age will no longer be required to submit to medical examination in seven states. This is to inform the membership of the Association that the authority to issue non-medical Payor Benefit Insurance to such applicants has been extended by the insurance departments of all states, except that of New York. Therefore, all parents residing in the State of New York, regardless of age, must submit to medical examination when applying for Payor Benefit insurance, until further action by the Insurance Department of this state. In all other states, however, parents under 35 years of age, will not be required to submit to medical examination when application is made for Payor Benefit insurance, except in certain instances in which the Association reserves its right to request a complete medical examination. Naturally, parents over the age of 35 are required to submit to medical examination in all states. Payor benefit insurance, introduced January 1st, 1949, provides that in the case of the death of the Payor (parent or guardian), the remaining dues of the juvenile membership certificate until maturity, or until the 21st birthday of the member, whichever occurs sooner, will be waived. The protection afforded by this particular type of insurance may be of decisive importance to the future of any juvenile member. Many a father purchases, for instance, an Educational Insurance Certificate (Endowment at Age 18) for his child for the purpose of financing his entry in college after graduation from high school. By adding the Payor Benefit clause to the certificate of his child, the father insures the program he has made for his child’s higher education, for if the father should die betöre maturity, his widow will not be required to maintain the comparatively high payments on this certificate since the fa-Prospects By The Thousands Ready To Sign Applications — If business is slow, it’s Journal____________________________August 17, 1949 Just a few. years back the promotion of the Association by the securing of new members wasn’t a problem to cause too many headaches. Driven by invincible enthusiasm, Verhovay’s managers kept going after new business and, undaunted by often* discouraging circumstances and the natural resistance of the average prospect, they succeeded in getting it, too, so that the number of new members secured during any one month was hardly ever less than 300, but as often as not came up to eight hundred. Let there be no mistake about it, there were plenty of difficulties in that era of rapid advancement, too. Economic conditions certainly were not more favorable than today. Nor was competition asleep six or seven years ago. The Verhovay field is no bigger today than it was then, nor have the miles become longer since those days. And yet, among those elected to work for the advancement of the Association we find more and more who claim that the conditions of organizing work have undergone a vast change during the last few years. “It can’t be done today,” has become the slogan, in curious contradiction to the fact that life-insurance was never more popular in America than it is today. To the question “why can’t it be done today?”, unwillingness has invented an interesting variety of answers. A MARKET DISAPPEARS . . . One of the stock arguments is that large scale immigration having stopped a long time ago. the most important market of Hungarian fraternal societies has ceased to exist. The fact is, however, that new immigrants have rarely represented a substantial portion of Verhovay’s membership indue to poor legwork. — crease. Even way back, around, the first world war, it was the older rather than the new immigrants who joined the Association and, then, entered their children — the “second generation” — and later their grandchildren. In the meantime, the recruiting of new members has been’extended to the people of other than Hungarian origin and this process has been going on for such long time and with such marked success that the Association has become truly a “melting pot” of all nationalities. Verhovay’s progress has ceased to depend a long time ago on immigration. YOUNG FOLKS HAVE NO USE FOR HUNGARIAN ORGANIZATION . . . So the defeatists change their line and say: “Yes, but the older immigrants mostly are past the insurable age and their children and grandchildren, the young folks born in this country, have no use for a Hungarian fraternal insurance organization.” Now if that isn’t funny! Supreme Court Justice Harold Burton still has use for this ‘Hungarian’ organization, Gov. Lausche of Ohio thought well enough of the Verhovay to join just recently, and for outstanding representatives of the world of art, science, sports, industry and commerce the Verhovay is good enough, but for the boys and girls hardly out of school the Verhovay is an inferior organization for which they have no use? Wouldn’t it be about time to stop finding faults with the young people and, instead, s^art facing our own shortcomings because of which many of the young people “can’t be bothered” with the Verhovay? After all, there are plenty of (Continued on page 5) ther’s death will put the Payor Benefit provision in effect as ai result of which no further payments will be required on the certificate the full face amount of which will be paid to the juvenile member on the anniversary date of the certificate following the member’s 18th birthday. Without this provision, widowed mothers in many instances may be forced by reduced financial circumstances to surrender or lapse the certificate. The addition of the Payor Benefit clause to any ordinary juvenile membership certificate forestalls such a possibility and insures the success of the father’s program for his children. Death puts an end to many an ambitious plan, but a plan based on an Endowment certificate reinforced by the Payor Benefit Clause cannot fail even in the event of death. Therefore, all parents should avail themselves of this excellent opportunity to safeguard their children’s insurance programs, especially because the rates of the Payor Benefit insurance are exceedingly low for both new and old members of the juvenile order. In order to safeguard your child’s insurance program, consult your branch-manager without fail.
