Rensselaer Semi-Weekly Republican, Volume 20, Number 26, Rensselaer, Jasper County, 2 December 1898 — A Word of Warning. [ARTICLE]

A Word of Warning.

We most earnestly counsel our readers to look into all new schemes of cheap life insurance very carefully before they put any good money into them. “There is a moral to all human tales” as the poet says, and one of those morals is that all very cheap life insurance schemes no matter how promising or how flourishing they may seem at first, have to fail, sooner or later. Acompany which, for instance, offers to insure a man 30 years old at $lO per year, and to pay him $2400 when he is <ls, or nearly that amount if he dies in the meantime, is offering more than any company can do and live. $lO per year for 35 years is only SSOO, and no insurance company ever has been or ever will be organized that can begin to make money enough out of SSOO, in the average period of 17£ years, to be able to pay $2,400 for it. It can’t be done, and the great majority of those who think it can, and invest their money on that belief, will lose it in the end.