Salt Lake Tribune | 1913-02-17 | Page 7 | Insurance World

Insurance World Ule More Than Property, it f 8ust field yet remaining to be won Vi! k :P Insurance is indicated by Prcsl-y Prcsl-y ejehn M. Holcombe of the Phoenix )mi eil Life Insurance company of Hart-i Hart-i Um 4 Conn., In a report to policy-holders eccylng the sixty-second annual i ftl uitl statement fogi t, Holcombe discussess the relative to cl life and property and In this e!!cn observes: U Ib vast property represented by 61 itrent value of the lives of pro-Mi pro-Mi wit human beings has been and 73 CU Inadequately protected by life tta mnnce. The surplus earniug pow-M pow-M fi productive life over and above vi fcewt of maintaining It can be !fl7i slated with reasonable accuracy. ItKj knizgi may Increase or decrease, Pwj ttti) same may be said of tho ro-i ro-i rm feu of most classes of property, wrt! Selenslh or an individual llfo is iH 31r uncertain; so is tho existence 'W WJt bulldlnps. But the average ult'i pbible duration of a life found ;aM tt nsilthy can be even more ac- Tiw ltl'y foretold than can the time :&K! o a tnilldlns will bi doslroyed or i . kaae Impaired by accident 'imt .K veil-known principles be applied tis valuation of human lives. It isi a O found that few of them arc xjt Jjcovered by Insurance, yrhilc many K. ei prematurely destroyed without Jim?, 4Rr(o those dependent upon them ptnlisf icllrc to uike their places, Sta- rSW tag show that In lire Insurance the I, pat In force Is far greater than ElW; J j fife Insurance, whereas the value ns; huiz vastly greater tlmn all the i ?j 5'?? exposed to tho risk of de- i;tatf d!on by fire. This f.-ict Is slowly 10 j 2.'5Milly being borne In on the :e. of Intelligent people, and as a . uenco the volume of this busl- rtp4 ? J likely to reach much greater Lit, R'i?!t!on8 I" the future than It has U ' Past, for In no possible way rRFH Sr)Pn l,y ,lf insurance can the 'f S f U'lS m0Derty bc ac"