The Spectator Handy Guide to Standard and Special Life Insurance Contracts, Non-Forfeiture Values, Useful to the Life Underwriter Volume 11

The Spectator Handy Guide to Standard and Special Life Insurance Contracts, Non-Forfeiture Values, Useful to the Life Underwriter Volume 11

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This historic book may have numerous typos and missing text. Purchasers can usually download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1902 edition. Excerpt: ...$3950 in cash; or Second.-Receive a life annuity, with first payment immediate, of $294.80. At the end of the twenty'-fifth year, from the date hereof, an equitable apportionment will be made of the savings and profits on the same, and every five years thereafter, as long as this policy shal remain in force. The special benefits, provisions and conditions set forth on the following pages are declared and accepted by all the parties hereto to be a part of this contract, as fully as if recited at length over the signatures hereto affixed. Des Moines, Iowa, January 1st, 1902. SPECIAL Baniti-i'rs, Piuviutons AND CONDITIONS. Pavmawr 0F PRaMiuMs.--All payments are payable at the home office in Des Moines, Iowa, but will be accepted if paid to an agent in exchange for a receipt, signed by the president, vice-president or secretary, and countersigned by the agent designated thereon. In case any of said premiums, or any premium note or notes given for said premiums, are not paid when due and payable, this policy and all promiums paid thereon shall thereupon become forfeited and void, and terminate the liability of the company under this policy except as hereinafter provided. GRACE IN PAYMENT OF PRi: iviiuMs.--In the payment of second and subsequent premiums, a grace of one month will be allowed. and if the insured die during that month, the unpaid premium will be deducted from the amount payable under this I! VAi.UA'rioN.----F or the first year succeeding the date hereof, the reserve value shall be computed for one-year term insurance, and for subsequent years such valuation for an age at issue advanced one year shall be made, as will provide for the benefits and guarantees stipulated in this policy. ' INVES'!'M8NTS.----Th6 funds, ...show more

Product details

  • Paperback | 240 pages
  • 189 x 246 x 13mm | 435g
  • Rarebooksclub.com
  • United States
  • English
  • black & white illustrations
  • 1236991990
  • 9781236991997