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Newspaper
Denton Journal
Location
Denton, Maryland, United States of America
Date
Mar 20, 1920
Page
2
The text argues life insurance stops generational handicaps by educating and supporting children, providing homes, old age security, and stronger credit. Citing economist Simon N. Patten, it claims America has shifted from savers to insurers, heralding rapid growth in benefits and a healthier, more prosperous civilization.
The Continental Life Insurance Company holds assets amounting to 166 percent of its liabilities after reserves. Over half the assets are first mortgages on real estate valued at prewar levels, over 25 percent in U S Government Bonds, about 10 percent in county and municipal bonds and railway mortgage bonds, another 10 percent in liens on policies, and less than 5 percent in cash.
Continental Life Insurance introduces a plan with 50 percent extra payout on death before 60 for each thousand of coverage, while premium payers see a 20 percent reduction after age 60. Rates align with dividend policies and agents offer full information. Advertisement by Rawlins Camper for Continental Life Insurance, praising him for high February 1920 new business.
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