William Penn Life, 1982 (17. évfolyam, 1-4. szám)
1982-04-01 / 2. szám
THE WILLIAM PENN ASSOCIATION • PITTSBURGH, PA. 15219 • PHONE (412) 281-8950 VOLUME 17 SPRING 1982 NUMBER 2 The President’s Corner New William Penn Concept of Fraternalism, Service and Insurance It's good to be busy. It's better to know what you have been busy about. In directing the affairs of your fraternal association we have been busy in many ways. First, we have been busy overseeing and supervising the activities and results of William Penn's first career agency and Certificate Holder Service Center located in Homestead, Pennsylvania and managed by Ron Abels. We are very pleased with the results of this operation which, in June, will be one year old. Last summer we advised you of its start. Hundreds of our certificate holders have benefited from the certificate review service offered and hundreds have expanded their insurance and annuity protection with our Association. As we go to press, we are about ready to open our second agency office and Certificate Holder Service Center in the Cleveland area. This center, too, will be staffed by professional and trained representatives whose sole responsibilities are to serve you better and to expand the membership of the William Penn in the Cleveland area. Our agency manager will be Jeffrey J. Ward of Strongsville, Ohio. Mr. Ward brings a wealth of experience to the William Penn and is no stranger to fraternalism as you will learn in a later issue. Jeff will soon receive his Chartered Life Underwriter degree. A degree not lightly granted. It requires a strenuous course of study and the successful completion of a series of ten increasingly difficult examinations. It is the advanced degree of life insurance. As soon as the exact location of our Cleveland office is finalized, our Cleveland members will be notified. In the meantime, if you have any questions or need any help, you can reach Jeff Ward at (216) 238-0945. Secondly, we have been busy putting the final touches on the new William Penn concept of fraternalism, service and insurance. A speaker at a recent National Fraternal Congress likened the typical fraternal society to a rowboat in a stream with two oars. One oar is fraternalism. The other oar is insurance. He suggested that unless each oar is pulled equally, the boat would go in circles. Thus, we are strengthening our fraternal oar and have designed several timely and competitive insurance products to strengthen our insurance oar. We All About SINGLE PREMIUM WHOLE LIFE Inside are convinced that this concept of fraternalism, service and insurance can best be communicated in person. It is for that reason that we are developing our service and sales offices. We feel, and we know, that once our present membership in the William Penn Association fully understand and appreciate the benefits of membership that they will eagerly expand their insurance coverages with us and freely communicate the benefits of membership to their friends and families. One quick example of the benefits of membership for the young family member is the Fraternal Edge, our Orphan's Income and Scholarship program available to children of insured members of the Association — at no cost. We have also been busy developing our new products—and we have some great and needed plans. You have been made aware of our Annuities. Annuities are insurance against living too long. We offer Single Premium Immediate and Deferred Annuities as well as Flexible Premium Annuities. The latter are those used in the much publicized I.R.A. plans, tax-sheltered and tax-deferred until retirement time. Our interest rates are very competitive and we charge no service, administrative or surrender fees. Ask about annuities from William Penn. You will be glad you did. In this issue, and in future ones, we plan to communicate with you as to our new plans. In addition to annuities they include: SINGLE PREMIUM WHOLE LIFE, the MORTGAGE PROTECTOR, a LIFE INCOME (Continued on Page 14) SPECIAL NOTICE TO ALL PREMIUM PAYING MEMBERS In the past, premium notices for advanced payors were mailed one month in advance. If premium was due June 1, 1982, the notice was mailed May 1. 1982. Effective April 1, 1982, the premium notice mailing was changed for advanced payors. A premium due May 1, 1982 was mailed May 1, 1982. One of the primary reasons for this change was that members using dividends to help pay current premiums could not receive credit for their dividend because dividends are not credited until the policy anniversary date. Gus G. Nagy National Secretary-Treasurer
