An address upon the subject of life insurance : delivered before the Batavia Lyceum / by George F. Foote.

  • Foote, George F. (George Franklin)
Date:
[1858]
Catalogue details

Licence: Public Domain Mark

Credit: An address upon the subject of life insurance : delivered before the Batavia Lyceum / by George F. Foote. Source: Wellcome Collection.

Provider: This material has been provided by the National Library of Medicine (U.S.), through the Medical Heritage Library. The original may be consulted at the National Library of Medicine (U.S.)

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    New- York Life Insurance Company. 9 9 «f| ; premiums for insuring on life are based upon these tacts, together with the experience of many years, they cannot fail to render a Life Policy a sure resource when death occurs. So that Life Insurance may be truly said to be a matter of certainty. \ J Uncertainty; of other Insurance. f *? % ■ -;*«. U In fire uisks there can be no certain data for calculations. We cannot tell how many buildings may burn in a year or a given number of years, and the best of calculations arc but a hazard, the result of guess work, a mere chance affair; and that may be said of all other insurances, excepting life. All other risks are uncertain, even after many years sBut the cessation of life is certain; death is sure to come. F~ Again, a fire may consume but a part, or any other loss may be but a partial one. But in Life Insurance, death takes the whole; there are no savings; the loss is a complete one. And all > ^ calculations are based upon these certainties. Consequently, no life company can ever fail where its affairs are managed with integrity and competent ability. ' Accumulations. Hut there are other considerations in Life Insurance, aside from the stipulated sum for which each one insures, viz : the accumulations. All money paid in, except what is necessary to meet Lourrent expenses and losses, is invested in State or I ^United States Stocks, or loaned on bond and mort-^. £fc W