Show I if U f INSURANCE 11 I 11 I Questions from subscribers regard regard- In ing life lite Insurance will receive careful and Impartial consideration If addressed addressed addressed ad ad- dressed to tile the Utah Life Lito ers P. P O. O box 4 4 Salt Sail Lake Tho The novel ol remedy of or imposing criminal penalties on officers of or fraternal fraternal fra Ira organizations which Insist on offering Insurance protection at a le leco less co cost t than mortality experiences tables table show such Insurance can be bo sold old at and protection given Is proposed by Zeno l I M. M Host former Insurance commissioner commissioner com corn missioner of ot Wisconsin During the last ten years GOO bank banks and trust companies have closed close their doors with liabilities of over three hundred an and eighty millions During the last ten years ears there have hava been 93 railroad receiverships with over six hun hundred red million dollars of If stock an and bond Issues Involved I While hUe for life Insurance It can be I said Enid that tORt for more than 30 years there thele has not been one single failure of an old-line old mutu mutual l life insurance company com corn Paw pany which has been continuously on the legal reserve basis On Monday December 7 1 j Will G G. Farrell president of or the Life Underwriters Underwriters Under Under- wr writers teri association called a meeting of the heads of ot all the standing committees committees com Coin to arrange for the annual banquet ban ban- which will be given about JanI Januar Jan- Jan I uary 9 The most H cl lively interest was manifested and the work In detail was wag delegated to Lo the respective e committees committees commit commit- tees with instructions to report next week week- As an evidence ence of or the gen general ral In Interest Interest interest in- in terest which is being taken In life lite In Insurance In- In sur taxation It Is 18 announced that t the meeting of or life Insurance pre presidents presidents i- i dents which was wis called for December 4 4 was to ho bo devoted devot entirely to queston ston of ot 1 Insurance Hu anc ta taxation Wh When 11 It Is known n that not only all nu the tho officers om- om cers of th the regular lIfo life companies were Invited but the Insurance commissioners commissioners commis r of or all the states alto also the tho Importance importance Im- Im of or the tho conference can Call be ap ap- ap The Thc result of oC tho the conference conference confer confer- ence once will be awaited for tOl with anxiety as ns It will without doubt have havo some sonic In Influence Influence In- In I fluence with forthcoming legislation The subject is one which deserves the careful consideration of ot over every lit life underwriter When a u state slate l levies sa say saya a U 2 per pel cent premium tax upon the companies doing business s within Its borders it il in iii effect says as a's to all of oC Us Its citizens who ho desire Insurance that t 1 t thc they must pa pay the government the sum Mum of ot 2 2 for each of ot premiums premium paid the companies for the privilege of purchasing protection for their de de- de- de The companies do not of course in an any real sense pa pay the tax It Is I paid pal by the policy holders und and the company merely acts as collectIng collecting collect- collect Ing InS agent on behalf of the state gov JO The amount of or the thc tax is simply added to the tho cost of or Insurance through Its being taken into consideration consideration consIderation consider consIder- In fixing the thc expenses loading on oo the tho premiums or if tr there be he no actual actual actual ac ac- ac- ac addition to the rate to make provision provision pro pro- vision for the tax the policy pays puys It Just jUtt the same through a a. decrease de do- crease ase In hl his annual dividends |