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Show lra: paxtl davies . ily reccftty experienced the joy of birth and the sadness of a 'week. The . death within cycle of life taught a lesson "T.t T:"Vnomica to PauL whose second son was born only a few days after the death of .t raul s tamer. . "It costs only a few hundred dollars to be born," Paul said. "It's not that inexpensive to die." " PauTs father, only 54 at death, had oeen a good provider. He . had insured himself, too, "so If I die prematurely, my family won't. be ww. the providers annual income. But he adds that the exact figure can be determined only on an individual Ijasis - because of the many variables among families. Paul, for example,' owned their families .will need supr miscellaneous family bills. He port regardless of what hapdetermined then that he pens, to them. .There was no pat answer would not leave his own. to' his question: "How much family unprotected. In sitting down one night .insurance will my family need to replace my income? Hol- to figure out a long-ran-ge the upkeep of their home, and fam- - .; . in-Hsura- nce" Paul Davies followed the m , "J"J6hnson," president6T who have recognized . that reVehue-p- 1r erty so he was more dependent on insurance than, say, a the Institute of Life Insur-anc- e, says it should be not less than four or five times ex-am- ple of millions of fathers burdened" He was right in assuming his insurance would cover doctor, hospital, and' burial expenses. But he had overlooked the fact that his loss no farmer or apartment owner. And because he had just moved into a new home, he faced a heavier mortgage problem than others. In some cases, a widow can work outside the home, but Paul's wife had had no business experience and could be expected to contribute little to future income. Countless other factors influence insurance: current age, income, number of children, and types of policies, to name a few. Their relative importance also must be determined with ' an expert's guidance. But before discussing the III would leave his family without income to meet the expenses of daily living. Consequently, Paul had to assume responsibility for his mother, two teen-asisters, . ge Ch It U (A 1 111 "13 W ' mmwtot& r - - V JT i 1 ' II 'fjr Here's how THE MORTGAGE PAYMENT to determine whether your present policies would Balance $9,500 due What I i .J4MkA have to cover it:" Balance of group surance, $400 t What I in- , 4 really protect your family : need,, if you were gone. : : (Annual Income Needs) CCT713IG STA8TC9 First year's .7;. ct.s tz&ith) income -- needJt-L-lrI-I What I rc-- r.:2 sittlc"::,t mm r 4 .' I j cr estate costs,' unpaid inccrsa iz: i TH2 SCHOOL YEARS Family in- - - 1 A7hdtl r. have to cover them: AdwU:rzl i- i .u- - -- grcup in- , 7 j ' (felt''' $1,0 j j , .' have to cover it: Social Security, $2,400 a year; Family income policy, $1,200 a year What I need, one " j Inheritance j 1 $400 . year 't' comenecd- - ed until younger child is 18 WhatI 7hntl Nc&is cover it:, Social then $3,153 ! |