Show PLEDGE POLICIES FOR LOANS imprudent act that really heally means man Is borrowing from his widow i many men pressed for money go to tho the life insurance company deposit their policy as security and herrow herow as much ile HS tho the company to Is willing to lend that tho the practice Is common la Is proved by tile tho ama that I 1 most companies havo have loaned leaned from it a fourth to a third t elrd of tho the aggregate faco face value of their policies in tills this way very few of these theao loans says tho the annual report of the connecticut mutual and this companas comp anys experience Is typical are ever repaid to tho the company T the te moneys are swallowed up in ili business enterprises in ili speculations and tile tho total result means embarrassment and distress in a great many cases and poverty I 1 in n the place of competence when tile the claims mature and there Is nothing left above the loans but a mere margin 9 in in cash on tho the policies for tile the protection of families or estates men alen who borrow on their policies are taking away protection from their families it ought not to be done colliers |