Show THE AMERICAN SPIRIT STILL AI LL LIVES many competent observers verg have hav advanced the view that the various ft federal deral and state old age and unemployment insurance plans will not encroach to any great extent upon the ufa life insurance industry it Is true that the government plans plaits in theory are designed to provide services now offered only by life insurance bout but in the ca cate case te of it these plans the possible poss iole benefits bene fiti accruing to the worker I 1 elthe either when unemployed or when he lim has r jessed assed the working age are relatively small death benefits as on n life insurance expert has pointed pointe o fit it are allotted in a manner ex r aly the deveise of that provided ly a life alte insurance policy andey which the death benefit is at iti ai maximum at the inception ot of the th i lac and tile the reserve element ot of the benefit at its highest as the insurance reaches its maturity date and finally govern government meat insurance plans are entirely elastic and can nt be adail adapted ted to special needs as can a life insurance policy ille majority ot of our citizens are ara faill artill individualistic they still want to rooke nike their own way in the world and to guard against mis fortunes through ther their own efforts citizens of 0 this type trpe are going tn t work hard to build up savings ge ac counts insurance reserves erves and eq e tates rather that than depend on oil a pit I 1 na listic go to take care ot if them industrial news review |