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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Sep 30, 1968
Page
8
Sylvia Porter notes rising use of umbrella liability policies by professionals and executives as lawsuits grow. Policies add coverage above auto and home limits, with deductibles from 250 to 5000 dollars and protection for libel, false arrest, and rented items.
The letter explains Fifth Disease or Hungarian measles, advising against school attendance due to contagion and noting it is not serious but requires care. It also discusses umbrella liability insurance costs and policy minimums, with examples for home and auto coverages and typical premiums for higher limits.
A reader asks about refinancing a $6,500 mortgage to $16,500 to invest $10,000 in growth mutual funds. The answer cites higher interest costs, liquidity risk, and suggests using $75 monthly for funds instead of a larger loan. It also explains why stocks trade in eighths and notes Sam Shulsky invites reader mail.
Dependable color coverage follows THE 10 O'CLOCK NEWS with Dave Carter on weeknights. More people tune in as color news broadcasts deliver live updates and reports from KCRG-TV 9.
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