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Newspaper
Washington Evening Journal
Location
Washington, Iowa, United States of America
Date
Dec 01, 1934
Page
5
Noted quotes about life insurance from Grover Cleveland Taft Crane and Wilson reflect on its perceived value to families and wills. The excerpts frame insurance as a means to protect dependents and ensure civilizational continuity.
Ralph W. Thompson a regular in the journals monthly insurance section is profiled with an open letter. He runs an abstract and insurance business from the Bailey Building second floor and has long been active in securing families against catastrophes through life insurance.
A column highlights strong community support for the Journal insurance section now in its eleventh month. Ruebsam extols life insurance as a steadfast aid in hardship, calling it wealth that defends home and supports dependents, urging readers to consider People’s Life policies.
Slippery roads and cloudy foggy weather in the middle west raise road hazards. State records show 965 accidents in September with October and November totals unavailable. December is expected to see about eight percent of accidents under hazardous conditions due to slick streets reduced visibility and high speeds.
Massachusetts requires liability insurance for car owners. The company probes alleged fraudulent claims under the law. One car involved in 42 accidents in two years. 30 relatives claimed injuries. Other cases with varying brashness uncovered.
The article argues that fake auto accident claims are not unique to Massachusetts and notes widespread suspicious cases. It contends eliminating fraudulent policyholders is a major insurer challenge, and that paying premiums obliges policyholders to discourage broad recovery expectations, as fraud increases costs and leads to higher premiums and stricter policy limits.
The article notes an unprecedented rise in interest in life insurance, offering cashable estates during need, preventing mortgage foreclosures, and supporting widows. It argues life insurance educates children and creates responsible citizens, framing policies as a widow’s ally in both sympathy and funds.
Six of ten Iowa stories in last night’s Journal focused on auto accidents. The piece notes slick winter roads and dangerous speeds, urging careful driving and adequate insurance coverage amid snowy conditions and glare from headlights.
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