Page Ten 



THE I. A. A. RECORD 



Country Life Announces New Policy 



ANEW wholesale term life insurance policy for Farm Bureau members will be sold dur- 

 ing the 30-day period between July 10 and August 10, 1930. The new policy is known 

 as term insurance and carries a low level rate for 12 years, when it runs out unless converted 

 in the meantime into one of the regular forms of insurance. At the end of 12 years, how- 

 ever, a new term policy may be taken out, the rate to be based on the age of the applicant at 

 that time. . ". j| t 



The term policy is to be made available to Farm Bureau members only in groups of 

 100 in each county. In other words, there must be at least 100 Farm Bureau members in 

 a county subscribe for this policy before it can be made available to any Farm Bureau 

 member. , 



Rate at Age 35'"$9.58 With Dividend Rights 



J 



T^HE low cost of the new wholesale policy is illustrated by the annual rate of ^9.58 at 

 * age 35, which can be further reduced by dividends. The policy is non-medical in that 

 anyone can buy ^1,000 of insurance without a medical examination. If already a Country 

 Life policyholder the applicant may secure $2,000 of insurance. A non-policy holder in 

 Country Life may take $2,000 of the new term insurance providing he pays for a short 

 form medical examination. . 



Pohcy Convertible Within 12 Years 



A N important feature of the new term insurance is that it can be changed or converted 

 *^ into standard life insurance at any time within 12 years of the date when taken out. 

 Moreover, when you convert short term insurance you will get the benefit of all premiums 

 paid, and also the benefit of the rate for your age when the short term policy was taken out. 

 The new policy, therefore, is an option on standard life insurance good for 12 years with full 

 protection during this period. 



Why the New Policy? 



nPHE new term policy is oflFered to Farm Bureau members who" may need more protection 

 * but do not have the available funds at present to pay the higher premiums on the regu- 

 lar kinds of insurance. The rate on the term policy is so low as to make it easily within the 

 reach of every member. Then later when the policyholder feels that he is in a better posi- 

 tion to take out one of the regular policies he can convert and get the full benefit of all 

 payments made on a short term policy. 



