Lehre und Wehre St. Louis, Missouri — September 1899, Seite 267

German transcription machine transcription, uncorrected

Cited in Eckhardt's Reallexikon (1907) under: Verſicherung · Verſicherung 8

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„Lebensversicherung im Lichte der heiligen Schrift.“ 267

paid on a given amount, but is more easily paid because of its
division into weekly sums. This form is popular for children from
the age of 3 years and poor people, and the weekly payments will
run from 5 to 40 cents on 8500. A regular uhhιεμꝗfe policy, pay-
able at the death of the insured only, may be obtainéed (I) by the
payment of a net single premium, or all the premiums that the
mortality tables show that the insured would be likely to pay, in
one sum; (2) by equal annual payments througb life; (3) by 5 an-
nual payments; ... (4) by 10 annual payments; (5) by 15 annual
payments; and (6) by 20 annual payments. ... A term policy is
one given for a specified number of years and amount, and is paid
only when death occurs within the specified term. ... An endouo—
ment policy is paid at death during the term, or to the insured if liv-
ing at the end of the term. . To these some companies add a semi-
endouοment policy, which provides for the payment of the face value
of the policy if the insured die within a specified term, but only
one-half the amount with whatever dividends have accumulated if
he survives the term. — A oint-HFfe policy is payable on the death
of one of two or more persons on whose joint lives the insurance is
made. .. A simple anmm² policy provides that in consideration
of the payment at one time of a specified gross sum, the company
Will pay to the annuitant a stipulated sum annually, either forea
stated term or during life; and a sνετννεινοrιρκρ πνπννιαι ... guaran—-—
tèees the payment of a stated sum to the person naméd by the per—
son taking the policy during the period in which the nominee
survives the insured. — A tontine policy is similar in form to the
ordinary life, limited payment life, or endowment policy; is issued
at the usual rates oft premium, which must be paid in full in cash
during the whole tontine period without dividend reductions; and
is subject to the following stipulations: No dividend is allowed or
paid until the insured has survived the completion of the tontine
period, and then only when the policy has béeen kept alive by pre-
mium payments, and the policy is not regarded as possessing a
surrender value in a paid-up policy or otherwise previous to the
completion of the tontine period. ... If the insured die before the
completion of the tontine period (or term of years specified in the
policy), the beneficiary will receive only the sum indicated in the
policy; but if the insured survives the period he will share with all
other members of his class in the equitable division of the accumu—
lated dividends, and may then surrender his policy for àa cash pay-
ment by the company, or convert it innte any other desired form of
insurance.“ — Die seme-tontine, die renablé term Iñrfe und die guar—
teri/ reneιπ⁰ble term I5rεe policies unterscheiden sich nicht wesentlich von

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