Page:American Journal of Sociology Volume 15.djvu/493

 IMPROVEMENTS IN INDUSTRIAL INSURANCE

479

Infantile whole life. — The Metropolitan table offers indem- nity in case of death of a child when the age at next birthday is two to nine years. No premium greater than 5 cents weekly is taken. The amount payable increases with the time the policy has been in force, from under six months up to eight years.

INFANTILE WHOLE LIFE Payment of Premium ceases on first anniversary of date of issue after insxired reaches

age 74

Amount payable provided death occur after Policy has been in force for the following

periods, for a weekly premium of 5c.

No premium greater than 5c. will be taken

A^e Next Birthday

Under 6

6

I

3

3

4

s

6

7

Months

Months

Year

Years

Years

Years

Years

Years

Years

12.50

25

34

40

48

58

70

no

ISO

17.00

34

40

48

58

70

no

150

185

20.00

40

48

S8

70

no

150

180

24.00

48

58

70

no

ISO

175

29.00

5«

70

no

150

170

35 00

70

no

ISO

It's

55-00

no

ISO

160

75.00

ISO

iSS

8 Years

2

3 4 5 6

7 8

9

190

Explanation of the infantile table. — When the person to be insured is less than ten years of age next birthday, the amount of benefit payable depends upon the length of time the policy has been in force. Thus, if a child is five years of age next birthday when the policy is issued, and the policy remains in force three years, the insurance for a weekly premium of five cents will be $iio. After the policy has been in force four years the insurance will be $iso. and after it has been in force five years it will provide for a pa]rment of $175 at death. By this time, however, the child will be ten years old next birthday, and thereafter the amount of insiuance will remain at $175. No further premiums payable after insured reaches age seventy-five.

LIMIT OF INSURANCE

In no case will any policy be written for a greater amount of insurance than set forth in the following table, nor will any policy be written which together with any other insurance then in force> in this or any other company, would make the total amount of insurance in force exceed the amounts stated in this table:

Age Next

Limit of

Age Next

Limit of

Age Next

Limit of

Age Next Burthday

Limit of

Birthday

Insurance

Birthday

Insurance

Birthday

Insurance

Insurance

2

$30

7

$140

12

$380

17

$612

3

34

8

168

13

460

18

700

4

40

9

200

14

520

19

784

5

48

10

240

15

520

20

85s

6

58

n

300

16

520

21

930

In some cases, after a five-cent infantile policy has been in force for some time, a three-cent additional policy may be written, or two three-cent policies may be written in some cases, but the above rule as to the limit of amount of insurance must be rigidly followed.