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Newspaper Page Text
TAKING WORRY ABOUT "FAMILY'S FUTURE IF.
I DIE" OFF WORKINGMAN'S SHOULDERS
They can work without worrying about family's future! Employes in
the Studebaker automobile plant in Detroit whose lives have been insured
by the company.
BY DEAN HALLIDAY
Detroit, Mich., July 15. Taking
the worry of the "family's future in
case I die" off the shoulders of work
ingmen is the latest step in welfare
work for workers.
Employers are doing it now by tak
ing out life insurance for their work
ingmen and in at least one instance
This instance is in the case of The
Studebaker Corporation, the mam
moth wagon and automobile manu
facturing concern of Detroit and
South Bend, Ind., which has just in
augurated the new insurance plan for
their 8,000 employes, about 300 of
whom are women.
Concerns all over the country are
rapidly taking to the idea in various
forms among them The Edison com
pany, National Lead company, The
Michigan Stove Works and Mont
gomery Ward and company.
The plan as adopted by The Stude
baker corporation for employes in.
the automobile plant in Detroit and
the wagon workers in South Bend is
a simple one and has "no strings" at
tached to it
All employes, excepting the office
workers and minors are given a
straight life policy for amounts vary
ing from $600 to $1,000.
The cost to the company when the
plans is in full operation will be sev
eral millions, for the policy when it is
handed to the employe is paid up for
"In addition to the fact that em
ployes get a paid up life insurance in
la good company absolutely free,
there is the second and almost equal-
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