William Penn Life, 1982 (17. évfolyam, 1-4. szám)

1982-10-01 / 4. szám

The President's Corner

We have some important and good news for our members in the Greater Cleveland and Northern Ohio areas. The William Penn has opened its second sales and service office in your area.

Our first office was located in Homestead, Pennsylvania to serve Greater Pittsburgh and Western Pennsylvania. It commenced operation in June of 1981 and under the leadership of its Manager, Ron Abels, has been doing just fine. Members appreciate the service our agent associates offer and our new products. They have willingly and helpfully referred us to friends, acquaintances and family members who also became members.

The same warm and welcome reception has greeted our Greater Cleveland office and the agent associates located there.

Under the direction of Jeffrey J. Ward, CLU., our Ohio office was opened in June of 1 982. It is located at:

4600 Rockside Road, #210 Independence, Ohio 44131 Phone (2161-447-1045

Jeff Ward brings a wealth of valuable insurance experience to the William Penn. He's a dedicated and committed fraternalist, too.

Associated with Mr. Ward in our new sales and service center for Northern Ohio are: Sharon Bikacsan, AI Buchheit, Stan Dorulla, John Petsock, Joe Schillaci, Jim Telegdy, Rose Telegdy and Dawn Ward. We are proud to have them all associated with the William Penn.

There is a big benefit for you, too. These associates can help you better understand your present certificates, introduce our new products and services, make you more aware of the fraternal benefits involved with membership in the William Penn and help you in financial planning for the future.

In the months that our Northern Ohio office has been operative, it has done an outstanding job. Our membership appreciates their services. We do, too.

Gramps sez: Saw where some character counted up all them laws our politicians made. There were millions of ’em — all long and involved. But nobody around has improved on those very short and simple Ten Commandments.

THE INSURANCE STORE

There are few milestones in life as significant as buying and owning a home. First, of course, we would rank marriage and having children.

If you are a lucky homeowner, here is some food for thought.

Your home is an important investment. You chose it carefully. Now —protect it just as carefully. Assure your family that they will be able to keep your home if you should die or become disabled.

Right now you can keep up the mortgage payments on your home without too much trouble. BUT —what happens to your wife and family if something tragic happened to you? Could she keep up the mortgage payments?

What are your chances of not living to pay off your mortgage? If you are 35 years old, the chances are 1 in 6 that you will die before the mortgage payments are completed on a 25 year mortgage. If you are age 40, it is 1 in 4 and at age 45 it's 1 in 3. How big is the risk. Very big when you consider that the chances of a fire in your home are only 1 in 1 200.

Or, supposing your wife died first. Wouldn't it be a financial convenience to have the mortgage paid off on her death?

Someone once defined ''security'' to a family as meaning "being able to continue to live in their own world”. That world is your and their home.

You insured your home against fire. Yet only 1 home out of 1 200 ever has a fire.

Whom would you rather protect? The mortgage company or your family? The answer is obvious. But, to get the loan you had to buy fire insurance to protect the lenders investment. If your home burns, benefits you paid for are payable to them.

Now, you have a choice. You can keep your home in the family and your family in the home with William Penn's Mortgage Protector.

You can insure one life —and your family gets cash to pay off your mortgage. It makes their home debt free.

You can insure two lives —Joint Life Protection. We insure both husband and wife. If either dies, the other receives a cash benefit and emergency money to pay off the mortgage. Your home is protected. If both insured's die simultaneously, the death benefit is doubled and paid to the survivors. They have a home, debt free.

Your protection follows your mortgage balance. The benefit schedule in both plans is amortized at a 14% rate. Some mortgages are more, some less. But, you can have the right protection amount and for the right amount of time.

Then, if you outlive the mortgage, there is a conversion privilege that lets you change it to permanent life insurance with cash values for use at retirement time.

And, while you are insuring your mortgage, we will insure the insurance. If you become sick or hurt and unable to work under either the single life or joint life plan, we will waive the premium payments after you are disabled six months.

For more information about this valuable plan, contact the sales and service office nearest you (addresses in this issue), your Branch Manager or us at William Penn.

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