Page Eight 



Plan 2 (Sahuy basis) 



After one year of service, the amount of insurance to be 

 carried is ecjual to the salary received, up to a maximum of 

 15,000. (This plan allows a SoOO policy to employees of 

 morc^ than 3 months' but less than 1 3'ear's standing.) 



Plan 3 (Salary-service basis) 



After 3 months but less than 1 year of service, the amount 

 of insurance to be carried is equal to 50% of the salary, 

 increasing; annually by 3% of the salary up to a maxinmm 

 of 100% for service of 17 years or over, with a maximum 

 insurance of $4,500. 



In the Museum, where salaries run low and terms of service 

 run high, the salary basis or the salar3^-service basis would 

 seem more practicable than the straight service basis. For, 

 desirable as the higher insurance may be, the premium should 

 always be considered in terms of the salary. 



A typical permanent disability clause, such as is included 

 in the group life insurance contract without extra cost, is as 

 follows : 



"If any employee insured under this contract shall furnish 

 the Compan}^ with due pi'oof that he has before having at- 

 tained the age of 60 become wholl}^ disabled b}' bodily in- 

 juries or disease, and will be permanently, continuously and 

 wholh^ prevented thereby for life from enga^jng in any occu- 

 pation or employment for wage or profit, the Company will 

 pay to him in full settlement of all obligations to him here- 

 under the amount of insurance then effective on his life 

 either in a single payment or in annual installments as here- 

 inafter set forth, as the assured may elect — no payment in 

 either cas(^ to be made until months after receipt of due 



