***
Life Insurance, properly done, is of vast benefit to the Insured. Life Insurance, improperly done, is of vast benefit,—to the Insurer. Those Eastern Companies got too gay. Their higher officers became corrupt. Under various flimsy pretexts, they began to plunder the Insured. Local agents, who did the hard work, got small pay. State agents and National officers drew princely salaries,—and did little to show for it.
Some of those Eastern Companies have been building Insurance Business on the same principle that gave an exhibition of itself in the building of the new State House of Pennsylvania.
Everybody knows that the taxpayers of Pennsylvania have been robbed. Everybody knows, equally well, that the Policy-holders of those Eastern Companies have been plundered.
From the standpoint of such rascals as the McCurdy gang, the Policy-holder resembled an Irish potato, in that he had eyes yet saw not.
The blind Policy-holder, who could never see that he was being robbed, became a jest among the thieves who spent his money in riotous living.
Life Insurance is all right—when the Insurer is.
Before you allow the Insurance Company to examine YOU, examine the Insurance Company.