Richmond planet. [volume], November 10, 1928, Page 8, Image 8

About Richmond planet. [volume] (Richmond, Va.) 1883-1938

Image provided by: Library of Virginia; Richmond, VA

                
r $1008.00 IN SICK BENEFITS 1
UNION LIFE INSURANCE COHPANY
Pays Sick Dues 144 Weeks.
Ben Faulcon Paid $115 05 in Premiums and
He and His Widow Receive $1,227.75
More Than He Paid into the COMPANY.
SEE OUR AGENT AND JOIN NOW.
UNCONTRADICTED FACTS AROUSE FOLKS HERE.
Something in the nature of a sensation has been created here by
a report that Ben Faulcon, who died during the month of October
1928 had received sick benefits at $7.00 (seven dollars) per week
for 144 consecutive weeks from the Union Life Insurance Com
pany of Virginia, while other insu ranee companies stop paying sick
benefits after (13) thirteen weeks. A visit to the Main Office in
this city, at the Law Building, E ighth and Main Streets elicited
the following information. •
Ben Faulcon, 1310 West Clay Street drew sick benefits of $7.00
per week on an Accident and H ealth Policy in this Company on
which he paid a premium of 35 cents per week from January 4,
1926 to and including October 9, 1928, a period of 144 weeks.
He took out this policy January 12, 1925 and up to the time
of his death had received ($1008) One Thousand and Eight
Dollars in sick dues. From the time of receiving his first week’s
sick dues up to the time of his d eath he had paid weekly premiums
to the Union Life Insurance Company of Virginia only $68.25 for
(From Richmond. Va., Planet November 3,1928)
195 weeks membership. This was ($939.75) Nine Hundred and
Thirty-nine Dollars and Seventy- five Cents more than Ben Faulcon
had paid in premiums to the Company.
Ben Faulcon had taken out also a Straight Life Insurance Pol
|icy in the Union Life Insurance Company of Virginia. The pre
mium was 24 cents per week. The death benefit was ($335.00)
jThree Hundred and Thirty-five Dollars. The amount paid on
this policy by Ben Faulcon at 24 cents per week for 195 weeks
was ($46.80) Forty-six Dollars and Eighty Cents. His widow
received ($288.20) Two Hundred and Eighty-eight Dollars and
iTwenty Cents more than Beh Faulcon had paid into the Unioh
'Life Insurance Company of Virginia. <*
The summary Is as follows:
Amount of Sick Benefits received by Ben Faulcon... .$1008.00
Amt. of Death Benefit received by Ben Faulcon’s Widow 335.00
<- -v • —i— -
Total Amount received by Ben Faulcon and Widow.$1343.00
Total Amount paid on Accident and Health Policy $68.25 i
Total Amount paid on Straight Life Policy. 46.80 ^ ** *
" c* • • •
Total Amount paid by Ben j'aulcon .:..$115.05
$1343.00
115.05
i
Amount Received from Union Life Insurance Com
pany More Than He Paid In.$1227.95
Being desirous of confirming this a call was made on Mrs. Ruth
Faulcon, widow of Ben Faulco : and she readily and gladly con
firmed the information received from the Office of the Union Life
Insurance Company of Virginia and furhished the following letter:
RICHMOND, VA., October 30, 1928.
UNION LIFE INSURANCE COMPANY OF VIRGINIA,
J. N. LAWLER, President, 0
Law Building, Richmond, Va.
» , Gjentlemen: I am thankful to say that your Company has proven to be a great
blessing to me and my husband in our distress. He was taken sick and received benefits
from January 4, 1926, totalling 144 weeks up to the time of his death.
You paid me promptly $7.00 per week during that length of time. This enabled
me to keep up the sick benefit policy of 35^ oer we'ek and the straight life insurance
policy of 24d per week. When he died you paid me the sum of $335.00 on the straight
life policy and saved me financial embarrassment on account of his death.
I gladly testify to this fact and shall do all in my power to call the attention
of my friends to the remarkable advantages of being a nolicy-holder in your great _
company.
Signed:
RUTH FAULCON, S
1310 West Clay Street,
Richmond Va. »
The remarkable part about thi insurance and good judgment
shown by Ben Faulcon is demonstrated in the fact that wheh he
was well and able to work, he took out an Accident and Health
Policy that paid $7.00 per week on which he paid 35 cents per
week and a Straight Life Policy at 24 cents per week that paid
$335.00 at death. When he w taker! sick and could not earn
any money, he was able to deduct 35 cents and 24 cents or 59
cents per week out of his sick benefits of $7.00 per week, leaving
$6.41 per week while he lived for other expenses and his widow
received $335.00 in cash at hi- death.
T’-c Urvon Life Insurance Co ,~,f ^ irginia carries an at*
( active number of policies and t hey are doing a lucrative business
in this Stale, being backed by ample assets. The Company offers
the' Ten-pay Life, Ten-year E*do ment Twenty-year Endow
meT't. Ordinary Life and 52-wee bs Sick Benefit Policies. Its re
presentatives are polite and court eous and are ever ready to render
very best service possible to its policy-holders.
Mrs. Ruth Faulcon testifies to this fact and the staggering array
of figures presented will convince any one who will take the time
to read and ponder over them.
See an Agent today. Gall Up Ran, 597B. either over a city or a long distance phone and all information will promptly be g'ven yo<
UfUSIJti
insurance CO.
JOHN N.LAWLER PRESIDENT
MOWS OFFICES-L>4W CUStOING RICHMOND,VA.