OCR Text |
Show A Democratic Institution The life iriurTne" industry is one of our greatest stabilizing I01prSvidin- aa it does, for the Pit-viain0, jr individuals, cavinc and thrift. ' Fundamentally it is a cooperative coopera-tive business. Its assets represent he accumulated savings of. that ? Infer of people who have no icies an" have joined together fo create a fund for the protec- cn of themselvs and their dependents de-pendents The life if ;! easilv the safest of all inest-nurU inest-nurU for persons of small an, m derate means who aro without faculties tor investigating stock and bond issues, and who cannot aff. rd the losses that may occui tn the operation of any business. Life insurance is the most perfectly per-fectly demociaiic business imaginable. imagin-able. The purchaser of a fne-J,cusand fne-J,cusand dollar policy receives the same service as the purchaser of a million-dollar policy and at the same rate. The rich cannot get acial privileges or prices because of their purchasing power. Every policyholder, in any walk of life, is equal in tho eyes of life msur-anee. |