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Show Nation Has Insurance 1,761 Life Companies The nation had 1.761 legal IiMitute of Life are mutual companies. But! the generally older and larger The Institutes iSt8 survey nmIual con;p;,ni,,s provide 51 increase of 33 companies since showed that 1,605 life companies per cent of the life insurance in midyear 1967, according to the are owned by stockholders and force w ith U.S. companies. ie- - serve life insurance companies in business on June 30. 1968. an insurance. Insurance; And question could stir up an argument. While it still might today, more than 15 million women with husbands are m the Lbor forte. (That s s more than half of the in I the women S.) holding Their incomes often aie spent for family purjses, and the economic contributions of these. have not been over-- , women Men, of cour se, are still the in looked many households most frequent owners of poli- been other. have There cies. But women, in increasing are also becoming haps less dramatic, but none-- , ,tholess signiticant. changes in In fact, at last count, nearly social and economic drinking, For one thing, there's a g seven out ol 10 American had somp form of legal ing appro nation of the ecoriom-reservlife insurance on their ie worth of the voman who ow n lives. stays home and cooks, cleans In dollars that ads up to about and takes care of youngsters. $155 billion in life insurance pro- - How much would a motherless about 14 per cent of family have to spend to buy the tection all the life insurance in force in services that todays home-thU.S. That number has sjie- - maker Answering provides? cial significance when you re- - that question has led many member that 10 years ago young families to conclude that women owned only about $70 a mother, as well as a father, has a place in family security billion in life insurance. The increase in protection on plans, the lives of women is, in many; To be suit, the rise in family respects, a reflection of several income level has much to do changes in attitudes in America with this. About 30 per cent of .Americas families now have in- in recent years. r or more Take for instance the accept-- ' comes of ance of the idea that a married and. therefore, have more to woman, as well as the single protect. Many of them can girl, can hold down a paying job afford additional financial the home. Not many tv programs above and beyond years ago the career or mar- - insurance on the father's lile. Is life insurance sURtlylriage something that men "take out for the financial .security of their' wives and children? Definitely not. reports the stitute of Life Insurance, which recently completed a na- tion wide study to determine just who has life insurance protec- - with a carefully planned estate Moderator RALPH D. COWAX, Vice President First Security Rank of Utah Cjuesl Tuesday, May 20, 1969 More Buy Policies cars save money & our DESERET NEWS, 15fi Learn how you 1 Mssd! XOQ i jub-ha- n e Panelists SCOTT D. ALLEN', Trust Officer First Security Bank of Utah Topic of Discussion: Life Insurance Trusts and at a special forum on Est"te Planning Taxes, Life Insurance and Your Estate Thursday, May 22 7:30 p.m. Room E101 Second Floor Salt Palace Pour-ove- e Wills r MERLIN R. LEISHMAX, C.L.U. Rankers Life of Iowa Topic of Discussion: Uses of Insurance in Estate Planning BRETT F. PAULSEN', Attorney Salt Lake City Law Firm Topic of Discussion: Death Taxes and Taxation of Life Insurance Sponsored by First Security Bank of Utah, N.A. in cooperation with The Utah Association of Life Underwriters $10,000-a-yoa- secur-oulsid- First Security Bank of Utah Af N Jgy, . U.?;;;. ' : f Provide Estate Planning Information Panelists Planning Forum, scheduled for May 22 at 7:30 p.m. on an Estate at the Salt Palace, include, from left, Scott D. Allen, trust officer. First Secur- ity Bank of Utah, N.A.; Brett F. Paulsen, Salt Lake attorney; Ralph D. Cowan, vice president of First Security Bank of Utah, N.A., and Merlin R. Leish-ma- n CLU, Bankers Life of Iowa. The forum, sponsored by First Security in cooperation with the Utah Association of Life Underwriters, insurance, taxes ond wills. will consider life WHO NEEDS PROTECTION? The Self-Employ- Also ed may be less obvious than nad personal debts, as well as Probably the single most portant function of life insur-- 1 that of a wage or salary earner.' provide cash for federal and ance is to protect families from Nevertheless, the chances are state death taxes, court costs, attorneys and executors fees. losing their income if the bread-- ! that he needs it. winner should die Although part of his income is A businessman A businessman! a return on his capital invest-- , ,us funds ts ? needs income protection just as.ment, he derives a big part of it Hp mav hjg much as a salaried employee or Kfrom his own labor, technical reinvest much of knowledge, managerial sk,Uand.new equipmpnt nJhandisP. When a family's main income business acumen. His personal and o' wall to the business workirl? capital is the paycheck a man brings contribution home from bis job, the role of might be difficult antd "ostly to 1 even he im-lan- j PvY V- A r -' ' A though v Vw a t - . dies, his paychecks stop coming edge and experience could have in and his familv needs life in- - an adverse effect on his compa- surance to replace it. nys operations, as well as its But the owner of a successful, profits. business may expect it to con-- j Follwoing his death, life in- finite producing profits and in- - surance could help to keep the come for his family after his business going, defray readjust- death. His need for life insur-!meexpenses, repay business dr r r. igS. - a '- wase-earne- AVl r tate, with c' serws ma-- L,rtu of assets and a thp cash culte smalL v Without life insurance, his family could be forced to sell the business in order to rasie badly needed cash for his final obligations. && N CONNECTICUT MUTUAL LIFE f CONGRATULATES b i ' - - 3. l ''- - ' s a ! 'V t. 'vA V 'f vf;ifr. 1 A , L s SW , , - , , , .. Afv: .v ' v.: , .v. 'i ' ' ' 4 i- A . .'A v ' sn" RAY B. ANDRUS JEROME G. GOOKLEY F. ALMA F. HARRIS KEN BARSON, CLU SHIRMAN MILLINER L HUGH GALE M. BRAMWELL PAUL YAL D. BROWN J. ERIC JOHNSON L. MORTEKSEN ARYID v,'-- - LA KEIKER W. PID1CK, CLU MACK H. RIDEOUT X MiNAM ' i THESE MEN: f TRACY L. ROLLINS oOritift.iJwmMflrio.i MAX The one thing no other life insurance company can offer your family is a Mass Mutual agent S. CALDWELL DAVID M. KELLY, CLU GLEHL STEINER JASPER H. ERSKINE FALLAS M. KELLY, CLU DANIEL M. THOMAS, CLU J. PAUL FAIRBQURNE ROBERT J. LOYYDER R. DEAN USY RICHARD P.FROMBGEH REED M. LYMAN JOHN A. CAINES WELDON C. MATTHEWS RUSSELL H. WATTERSGN ROBERT G.WOODHEAD These ore the men who hove again been responsible for establishing the Salt Lake City Agency near the top of the 102 Connecticut Mutual agencies in Advanced Soles, new man power development, educational accomplishment and progress in financial techniques (Keogh) Retirement Plans, The Agency led Connecticut Mutual in the sale of the top in other Adnear was ond in Annuity programming, high placed Sales vanced areas. d 4' One of these days, youre going to get down to cases and protect your family with a life insurance program. When you do, youre going to want a life insurance man who knows his business the way you know yours. We have such a man. At Mass Mutual, we seek out a career man. We train him as a life insurance professional. We expect him to stay with us and you as an - - adviser and consultant over a lifetime. Thats why the number of Mass Mutual agents who hold the Chartered Life Underwriter designation is five times the industry average. Why the number who win industry-wid- e recognition like the National Quality Award for continuing service to their clients is four times the industry average. Why six times the industry average are members of the Million Dollar Round Table. And why Mass Mutuals field force is widely regarded as the finest in the country. When youre ready, talk to a life insurance professional. From Mass Mutual. Massachusetts Mutual Life Insurance Company 1 Springfield Massachusetts. Orgenued 16SI O O 'v. n Lee J. Lalli, General Agent Edward C. Castle Harold M. Hegyessy, Jr. LEE $ it. 2 R. Earl Harold Thomas - Kennecott Building 10 East South Temple Please contact any of the above agents. your retirement. R. Wing Hugh W. Pinnock Agency David L. Clement Ronald W. Kevan East South Temple, Salt Lake City, Phone 322-350- R. Dean Udy Supervisor - ...I- Connecticut Mutual Life Daniel M. Thomas, LALLI & ASSOCIATES Uu J. Suite 600 Clyde Price Frank A. Roybal Kenneth L. Morris These men con help you, your family, or your business solve a wide variety of financial security problems through the proper application of life insurance ond annuity contracts to specific needs. As of May 1, Connecticut Mutual also Has a VARIABLE ANNUITY program that is a tremendous planning tool for There are II Mass Mutual agents right here in the Utah Area! L. record was made possible by the individual knowledge, training, and exof men these plus representation of a Company whose policy contracts ore secperience ond to none in quality, yet among the lowest in cost to be found anywhere. This spl.tndid CLU INSURANCE COMPANY. S.M.L Utah-PH- Asst. General Glen I. Steiner Equity Department 3SS-741- one Ag-- (Mr-61- 7 nt Ray B. Andrus Agency Administrator And Brekeraya S |