Jasper County Democrat, Volume 2, Number 47, Rensselaer, Jasper County, 24 February 1900 — Woman Should Get Insured. [ARTICLE]
Woman Should Get Insured.
“Life Insurance as managed to-day, on the endowment plan, for instance, Is at once an assurance and Insurance,” writes Edward Bok, in the Ladles’ Home Journal. “It is the best means of saving, because it Is compulsory. Men have found this to be the case, and women should. At 30, for instance, she can, for less than SSO a year, take a twenty-year endowment policy of SI,OOO, which guarantees her that amount when she reaches the age of 50. She will not feel burdened by the annual premium of SSO. But she will feel the comfort of SI,OOO when she is 50. A woman’s insurance for the education of her children is another factor of life insurance worthy of her thought, especially If she be a widow. In this way a mother may provide for the education of her children in case of her death. If the custom of mothers insuring their lives for their children at the time of the children’s birth could become more general it would be one of the blessings of mankind. For women to insure their lives for the benefit of their husbands may,well be an open question so far as the wisdom of such a course is concerned. But when the matter of life insurance for women Is placed on a basis of selfprotection in old age, for the benefit of children, or as one of the best means of saving money, or even as a wise system of investment, there cannot be the least question of its wisdom.”
