Word: aetna
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Dates: during 1920-1929
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...need fear," continued the statement, "that by signing up for a policy he will be forcing on himself the obligation of undergoing a strict medical examination. There will be no time to speak of spent in this way. The Aetna company, which is handling the insurance for us, has agreed to accept all members of the class as physically fit as far as the matter of issuing endowment insurance for the class fund is concerned. They feel that they can do this because of the special facilities Harvard offers of keeping physically fit and because of the system of physical...
...arrangement has been concluded with the Aetna Life Insurance Company, which is handling the Senior class fund endowment insurance, offering the opportunity of paying the total of the premiums in a lump sum at the outset. This plan, which is designed to save the trouble of paying premiums throughout a period of 25 years, calls for a payment of about $130 for every $250 in the face value of the policy. When this policy matures in 1950, it will represent the original $130 with about four per cent interest. The payment of the premiums in a lump sum effects...
...great advantages of the endowment insurance system," said Mr. James Woodhouse, of Woodhouse and Jenney, managers of the Aetna Boston agency, in a statement to the CRIMSON yesterday, "is that it relieves the class treasurer of absolutely any work in the collection of the class fund for the whole period of 25 years. We take all the responsibility of collecting the premiums every year from each member of the class of 1925 for the fund in 25 years will mature in an endowment of $150,000, if enough policies are taken out. In the case of lapses of payment...
Propositions were received and considered from 13 different insurance companies throughout the country. After a great deal of careful consideration and study of the various plans, and after conferences with several of the agents, the Aetna company was chosen...
...reasons for giving the contract to the Aetna Life Insurance Company were that its propositions were more liberal and that the company had handled very satisfactorily a practically identical plan last year for M. I. T. Another advantage of the Aetna offer was that it would write policies for as low an amount as $250, which, in the words of the M. I. T. committee, "was deemed essential because it makes the plan more flexible financially; simplifies the matter of collections and practically places it entirely in the hands of the company. The Aetna is also recognized throughout the country...