HERALD Official Organ of The Slavonic Benevolent Order Of The State Of Texas. Founded 1897. BENEVOLENCE
VOLUME 55 — NO. 25
HUMANITY
BROTHERHOOD
Postmaster: Please Send Form 3579 with Undeliverable Copies to: SUPREME LODGE, SPIST, FOB 100, TEMPLE, TEX, 76501
JUNE 21, 1.967
FROM THE EDITOR'S DESK THIS, THAT, AND THE OTHER Graduation time has come and gone. School is out. Graduation for some meant graduation from elementary into high school; for others, from high school; for still others, graduation from college or a university. For some of these, another ceremony is probably not too far off — a walk clown the aisle, instead of across the stage. Four years ago, this same kid wore the tightest blue jeans in town and had jelly on his face. Four more years from now, he may be in another type of march, the world situa tion being what it is. There may be a rifle on his shoulder. The June graduate out of elementary school, is around 14 — an awkward age — half man and half boy. He probably cannot tie his own tie, but he can handle a football or baseball like a seasoned pro. However, there's a good chance that when he picks up a glass full of milk, he'll spill it. Girls? Well, he's not sure yet. .He started shaving a year ago, and he's done it twice since. With each passing day, he sheds more of the boy, picks up more of the man. Twelve years ago, he was the most excited kid in town, ready for the challenges of the first grade. Now he's a young man. What happened to the
THOUGHTS . To find out what one is fitted to do and to secure an opportunity to do it is the key to happiness. • • To the discontented man no chair is easy. ♦ • It's the little things that bother us, and put us on the rack; You can sit upon a mountain, but you can't sit on a tack! ♦ • Though a tree ,grow a thousand feet tall . . . The fruits will fall to earth again. years in between? Heaven only knows! But one thing is for sure; he is not the same as he was 12 years ago. Children DO grow up too quickly • • Take Your Pick Start talking life insurance and it soon seems as if there are as many kinds of policies available as kernels of grain in a field of wheat. In one sense, this isn't so much of an exaggeration — the insurance industry offers hundreds, maybe even thousands, of policy choices. But they all boil down to four basic kinds of life insurance: term, whole or
straight life, limited payment life and endowment. In the last analysis, all of the choices are either one of these four types or a combination of them. The feature common to all, of course, is death protection; the variable feature is the "savings" they offer — to which are pegged variations in premium rates. Savings, of course, in this connection means the cash values that build up in some policies. Now here is a fundamental truth about saving through life insurance: The faster the savings accumulate, and the larger the ultimate cash value, the higher the premiuni; and the lower the amount of the protection element per dollar paid. Here we get back to the four basic types of Insurance. Generally, cash values aren't built up in term insurance — so it has the lowest premium for a given amount of face value. Whole or straight life gradually grows in cash value during a lifetime of premium payments and protection — and carries higher premiums. Limited payment life also gives lifetime protection and its cash value grows faster — so it costs still more. The "limited" means a limited premium payment period or to a specified
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