The Racine Journal-Times Sunday Bulletin from Racine, Wisconsin on January 7, 1962 · Page 58
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The Racine Journal-Times Sunday Bulletin from Racine, Wisconsin · Page 58

Racine, Wisconsin
Issue Date:
Sunday, January 7, 1962
Page 58
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Page 58 article text (OCR)

'^^^ Insurance (Continued from page 6) FASHION CATALOG SENT ^ £7^ you who are OVER 5'7"—new Spring fasfiions prrced no hiit\et rhan regular missei »i/es Style shown u washable printed rayon linen sheath colors—green & turquoise—navy & magenia Si/es IOIo?0 Other styles and fabrics J3 49 to J?? 98 Si/es 10 to ?4 Also coats shoes lingerie softs gttdlei sportswear MAIl COUPON fOR fRft TAIL GIRLS CATALOG f—^ ^1 I Ov»rFivt-S*ii(iiSh«ps, Dtpt T-13 485 Fifth A«t.. Ntw rork 17. N Y I I rWra WBd mec Tall FaiMm C <UI «I l«: | I I i a4*ni I JL. pSORIAsfs Hctiiuse, like hundreds of thousands of men and women, she us<> SIROIL. s^huh lends 1(1 remosc ihc external crusts and staler of psoriasis on arms.legs. |s<al|> and other parts of the 'hod). Appl> SIROIL hefore ftoing lo hed, it won't stain clothinjt or hedding. SIROIL IS sold on 2 Steele s-satisfiicfion or mone) hack hasis. Get a hottle t(xia>. i s a :s in IS in !;: IS SIROIL is her secret Write today for new FREE boolil*! about ptortasit. NIW! ftlR-O-LCNC Sliki %«n«mr AIM >4—» tw *r rWfcv U"i SIROtl LAB0RAr0RltSINC.Dept.FV95Sar>taMonica.Cal I •« ! "AMI _ S I »nc»tss . s: {-^'II. -. —ILJIL ^ ! I Improved EZO Helps Relieve Pain - of Pressure and Slipping of FALSE TEETH Cfc»w in comiForf with New, SoUtr EZO Dental Cushions Grips Dentures Firmer, Quicker! Helps Ease Pressure on Gums Helps Keep Seeds Out Helps Plate Fit Snug Helps Prevent Clicking Need a thicker cushion for your lower plale? Aik lor New EZO Henry Gauge Cuihioai is !:! AT YOUR FAVORITE DRUG COUNTER 60c x Marshall's NEW PHOTO PAINTING PENCILS ' CtKt llllt Illy way tt till IrtI tnif iitri Kill TiKir'i > bt »tmy markal for liau celHiil ^Mlet. uip Iktli iBd rtlaieK (anil ^iiati m ttKM lilMl aniifi Sta< Id fni lattriKtlui u tl )l III ClDfllti Cillriit (il It I PiKlli lURSllAll'V IIS N till SI. I 'Uyi II N f At fkiti. art. hitty. <iii| t tlaliiMiy ilins •600 FOR You can borrow \B00 or at llttli »% \bO for any purpot*. m th» most confidanttAlway. by mail? Anyone in U. S with fttaady income eligible lo apply . . . repay m S4 monthly pay- manlt Mail coupon for free loan apphcation tent In plain envolope. BUDGET FINANCE CO. I Oudgel l.nime to I>0l PKU^^ i IMS 1 / SI Omatij ? NelM N*MI j AllOKISS I ».tl I I ocitirAtioN, V, Insurance to cover this is called "major medical," and it usually pays up to $5,000 or $10,000. Surprisingly, this big insurance sum can be bought for perhaps two-thirds the price of a hospitalization policy. Making this possible is the deductible. For major-medical requires you to pay the first $250-$500 of the expense. Then it pays all the rest on some items, 80 percent on others. While loss-of-.'ncome protection is needed only for the breadwinner, major-medical is obviously needed for the whole family. Buy it as part of a group plan if you can. What about the other forms of health insurance—the hospital, surgical, and medical plans which most families have? These are worthwhile. But remember, if you have major-medical, you'll need perhaps only $250 of supplementary insurance to fill any gaps early in an illness. Remember, too, while this appears to be only $250 of insurance, it is actually more. For several members of your family might suffer costly illness or accident in one year, or might repeat. But look closely at those supplementary plans, weighing the dollar-value against cost, and be willing to assume lesser costs yourself. The perfect example of what experts consider to be relatively unwise health insurance is the maternity benefit. A typical benefit is $50, for which you pay $35 a year in premiums. So remember to consider always what expense you might be able to handle yourself. F EW AMERICANS, especially those with young families, have life insurance which is remotely adequate. For moat, it is under $10,000. Let's take a man of 35 with a wife and two children. He owns a $10,000 policy, for which he pays $197 a year. His policy is "ordinary" life, meaning it is really a combination of protection and savings. The savings element is the costly one. But investment experts say this savings element is the base of a good financial program. The grim fact, however, is that the protection side of the policy is inadequate. What his family needs, should he die, is income, at least until the children are grown. 0 ixMXA. 1 ® L AST WEEK I reclined in the parking lot with my legs bent out like parentheses. Having stepped on a pebble too small to be seen by the naked eye, I found that it was possible to turn both ankles simultaneously. At the moment of my descent, there were 25 passers-by as a gallery. Two of them nudged each other in the ribs with their elbows. I would have liked to nudge them in the with mine, but I was pretty busy. It took a while to get off the ground. My propensity for prone positions is the constant concern of my mother. From my early childhood, she has mourned the fat lips I endured 15 times every summer. These were usually inspired by coaster trips in my little red wagon. I knew all about start. I never managed stop. Because of some disinclination to begin walking in the first place ( and this is because I knew what lay ahead— me), I was fitted with special shoe braces. They gave me He decides to insure further, and finds another $10,000 of ordinary life will cost $197 a year more. But suppose he increases just the protection and not the savings by adding a "family-income rider." He buys insurance of $200 a month income (plus the basic $10,000 policy). Cost: $100 a year for $36,000 in protection. The second biggest need he has is to guarantee that his family can keep their home, which has a $12,000 mortgage. He buys a "mortgage-life" policy for about $50 a year—bargain protection. And finally, to take care of about $2,000 in installment debts which tend to recur (for example, on the car), he gets "credit life" when he arranges each contract, at a total cost of about $10 yearly. S HOULD THIS man die, his family's home and.belongings are kept intact, debts are paid off.. There is a lump sum for emergencies and a modest income of $200 each month (which, with debts paid and the family smaller, is probably adequate). These three forms of insurance are decreasing term insurance. That is, as time passes and the size of the need shrinks, the insurance shrinks with it. The entire value is in protection, as in car insurance. Experts stress the need to begin with ordinary life as a base. In this case, our man added $36,000 in income protection, $12,000 in mortgage life, and $2,000 in credit life for $160, as against a second $10,000 of ordinary life, which would have cost $197. Group life insurance, when you can buy it, is a bargain not to be missed, though it is usually "term" insurance with no cash value. For older families, the protection need is less, but the need for permanent cash value is greater. So, as the years pass, the best bargains become policies weighted toward saving. What about insurance on wives and children? The death of a young mother creates an economic problem. The death of a child may leave debts. But these are secondary to the life of the breadwinner. The rule is always the same: insure first against the greatest possible loss. Do this and the bargains will take care of themselves. a carriage similar to a runaway stage. As a matter of fact, I may have invented rock 'n' roll. While other children were learning to play jacks, base- bail, and run-sheep-run, I was learning to play dead. I discovered Johnson's Law: It is possible to walk across a smooth lawn, turn the ankle, and suffer a major sprain. I was doing the Twist long before the Peppermint Lounge ever heard of Chubby Checker. In my version, you fall out of a car on your head on the cement driveway. Or, as a variation, you can sit on the arm of the davenport, slide down, and split your skull. T WISTING through traffic on a rainy morning, I have fluttered into the gutter to lie bleeding among the umbrella spokes. Even being a passenger on other forms of locomotion doesn't help. The planes on which I am a passenger always encounter "minor turbulence" consisting of air pockets the size of the Grand Canyon. The trains on which I am a passenger are either the wrong trains or are wrecked by a broken rail. My car is uncooperative, too. I have flat tires on lonely roads during blizzards. Sometimes something called a connecting rod has gone through something called a crankcase. Besides, when other drivers see me coming, they tend to go temporarily insane and run into me. So don't tell me travel is broadening. I have been spread all over the map. ^ ^ 14 Familv Weekly, January 7, 1962

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