AN OPEN LETTER To BUSINESS & PROFESSIONAL PEOPLE.
Ladies and Gentlemen, —
I am now paying out on the average just over sixty pounds a week to various of my policy-holders in the Mutual Life and Citizens, for disablements sustained through accident or sickness. Very few-business firms on this Coast pay out as much a&. this in -wages, so the above figures' speak pretty plainly as to the popularity and value of the weekly income policy. I have just settled a big claim with one of the best koown Wanganui business men for fifteen weeks' disablement from typhoid fever, and last week I received notice that a policy-holder, a very well-known accountant, disabled by appendicitis. This entitles him to £6 a week during his disablement. Last Saturday I posted;a cheque to a farmer "living near Fordell, for blood poisoning. This is generally said to be the most liberal claim gver paid in this district. The gentleman in question did not suffer any accident, nor had he even a scratch. He .was dipping sheep and some of the dip got into his ~ boot. His doctor described the. disablement he suffered from as blood poisoning, and though I did not consider he had any claim, as he had not even a scratch on his foot, my Head Office advised me to pay the claim. It was £12, being at the rate
of £B a week for the period tho' policy-holder was unable to work. The policy we issue gives £6 a week for disablement from any accident or various sicknesses." Never before in New Zealand has there been a policy which has included so many sicknesses. .and wo have another policy under which wo pay for disablement from any sickness or any accident. Previously, there has not been such a policy, as other offices have': covered only a very limited number of sicknesses. In every policy there is also' a cover against death from accident of ..£I,OOO. We also pay a similar*- sum for permanent dii/ablement. If any policy-holder is -ftf/rtunate enough to make no claim on i-s for five consecutive yeai-s, wo give him the nex^ol^ sixth year of insurance free ■ Tjw£||MicG per year of tho above policy *yj^|ies from eight to thirteen &imea3;/gra6rt!ing to'a man's occupation and%£isfc. . We .are prepared -to cover every' accidont,. including^ itfleplechasing, racing whether on horseback-'or wheels, and boxing or wrestling. Hitherto no office has been willing to accept such risks, but we are out to do, and are doing, a large business, and we have more behind us, and a larger organisation (numbering nearly a thousand active outside agents) than anybody who is or has been in accident business before in Australasia. '-.YJours- faithfully, H. H. THOMPSON": Victoria Avenue, Wanganui.
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https://paperspast.natlib.govt.nz/newspapers/WC19110703.2.28
Bibliographic details
Wanganui Chronicle, Volume L, Issue 12770, 3 July 1911, Page 8
Word Count
453AN OPEN LETTER To BUSINESS & PROFESSIONAL PEOPLE. Wanganui Chronicle, Volume L, Issue 12770, 3 July 1911, Page 8
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