United States. Temporary National Economic Committ.

Investigation of concentration of economic power; monograph no. 1[-43] (Volume no. 2) online

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family; table 14 128

Percent of family income contributed; table 24 141

Premium payments:

Amount of insurance and premiums paid on chief breadwinner, by

number of dependents in family; comment and table 48-49

Percent family premium paid on all breadwinners to total

premiums; table 25 142

Percent family premiums paid on chief breadwinner, by number

of dependents in family ; table 23 140

Relation of, to family's insurance 36

Uninsured families (466) :

Nonrelief and relief; number of chief and other breadwinners;

number of dependents; at present ages; table 16A 131

CARRIERS OF LIFE INSURANCE:

Companies. (See Boston Mutual Life Insurance Co.)

Multiple company coverage. (See Multiple Company Coverage.)

CASE STUDIES 57-74

CLASSES OF INSURANCE:
Cost of—

Amount and percent insurance in force; amount and percent

annual premium, each class; comment and table 41-42

Amount in force, totaland per class; table and chart 16

Insurance in force per policy, each class; table 15

Fraternal. (See Fraternal Insurance.)
Group. (See Group Insurance.)
Industrial. (See Industrial Insurance.)
Ordinary. (See Ordinary Insurance.)

Policies in force, total and number per class ; table 15

Relative importance of classes:

Amount of insurance in force, percent, number of families holding
each class, by average annual income per family member; table

10 118

CREDENTIALS FOR ENUMERATOR:

Copy in blank 83

DEPENDENCY PATTERN:
Breadwinner insurance:

Amount of insurance and premiums paid on chief breadwinner, by

number of dependents; comment and table 48-49

Percent of family premiums paid on chief breadwinner, by number

of dependents in family; table 23 140



INDEX 157

DEPENDENCY PATTERN— Continued.

Industrial insurance: Page

Families with dependent family members; earnings of bread-
winners, number of families, number persons insured and
uninsured, amount insurance in force, annual premiums;

table 29 146-147

Percent of premiums paid on breadwinners and dependents

under 16; by economic status per family member; table 28. - 144-145
Insured families (1,666):

Insured and uninsured dependents; nonrelief and relief families;

by present ages; table 16 130

Number of dependents and percent of family income paid for

premiums; table 20 138

Number of families, median percentages paid for premiums by

number of dependents in family; comment, table and chart 44-45

Uninsured families:

Dependents, number of, at present ages; table 16A 131

ECONOMIC STATUS ANALYSES. (See Family Income Pattern.)
ENDOWMENT PLAN:

Age pattern: age of issue:

Industrial, ordinary, and savings bank life insurance; number of
policies, amount of insurance, annual premiums, each class;

tables 13-13A 125-127

Age pattern; by present age:

Industrial, ordinary, and savings bank life insurance; number of

policies, amount of insurance, annual premiums"; tables 12-12A. 122-124
Cost of —

Industrial and ordinary and all classes; number and percent of

premiums written ; comment and table 42

Defined . 28

Industrial insurance:

Percent endowment of all industrial; table 30 147

Percent of industrial premiums paid on endowment policies,

nonrelief and relief families ; table 22 139

Policies in force, percent, by age; comment and chart 31-32

Years in force, number in percentages of total policies; comment,

table, and chart 33-37

Insurance in force:

Amount and percent by classes; comment, chart, and table 28-30

Classes of insurance and variants of plan; number of policies,

amount of insurance, annual premium ; dollar amount; table 7.1 13-1 14
Carriers of industrial and ordinary, by company, number of policies,

amount of insurance, annual premiums each carrier ; table 8 115-116

ENUMERATORS:

Credentials, copy in blank 83

Instructions, text of 84-93

FAMILIES ENUMERATED (2,132):
Absentee policies:

Number of ; comment ^ 54

Census of —

Insurance and income characteristics; table 1 — 106-107

Economic status:

Average annual income per family member, insured and unin-
sured, relief and nonrelief, table 5 110

Enumerators' credentials, copy in blank 83

Enumerators instructions, text of 84-93

Insurance ownership:

Number families: number persons insured; and uninsured, non-
relief, and relief, by block numbers surveyed; table 2 . — 108

Lapse and surrender reports (1,879) :

Comment 53

Insured and uninsured, nonrelief and relief families, number and

percent reporting; table 35 152

Letter sent to families ; copy 82

Life insurance and other savings institutions used by; comment 55-56

Life insurance in force 13



158 INDBX

FAMILIES ENUMERATED (2,132)— Continued.

Monthly premium payments: Page

Company (Metropolitan, Prudential, John Hancock, and others)
and savings-bank carriers; policies under and over $1,000;
number of policies, amount of insurance, annual premiums;

table 9 :_ 117

Noncontributory and partially contributory policies; comment 55

Nonrelief and relief families:

Number insured and not insured, percentage insured, by number

of 'persons in individual families; table 4 110

Number and percent; chart 8

Schedule used for survey:

Adjustments made on ^ 94-96

Reduced facsimile of 79-81

Size of families:

Insurance status and size ; comment and table 10

Nonrelief and relief; number insured and not insured; table 4_- 110

Relief and insurance status, comment and table 11

FAMILIES INSURED (1,666):
Absentee insurance pattern:

Percent of premiums paid on persons living away from family;

nutnber of nonrelief and relief families; table 37 153

Age and dependency status:

Persons insured and uninsured, nonrelief and relief; number of
chief and other breadwinners; number of dependents; number

of absentees; at present ages; table 130

Breadwinner pattern:

Nonrelief and relief families, by size and number of bread-
winners; table 14 128

Nonrelief and relief families, number of breadwinners by family

income; table 15 129

Percent of family income contributed by each breadwinner;

table 24 _ 141

Proportion of total family premiums paid for insurance on the

chief breadwinner, by number of dependents; comment 48-49

Carrier pattern:

Number of organizations in which families carry insurance;

table33 150

Census of families:

Number, total annual income, number of family members
(insured and not insured) , number of persons insured (absentee
and total), number of policies in force, total insurance in force,

total annual premiums; table 1 106-107

Class of insurance held:

Amount and percent, by average annual income per family

member; chart and table 21

Combination policies (1,071):

Breadwinner, amount of insurance and premium paid on; com-
ment and table 48-49

Class and combinations of class; number and percent of policies,
amount and percent of insurance, amount and percent annual

premium ; table 6 111-112

Combinations of policies carried; table and chart 17

Companies with industrial and ordinary policies in force, list of 104-105

Cost of all insurance per annum 41

Dependency pattern (See also above Age and dependency status) :

Family income percent paid for premiums, nonrelief and relief

families, by number of dependents per family ; table 20 138

Nonrelief and relief families; number and median percentages

paid for premiums; comment, table, and chart 44-45

Economic status; comment 12, 20

Industrial multiple company policies (1,427) :

Coverage by companies ; comment, table, and chart 51-53

Industrial policies (701) :

Economic status and average percent of income paid for pre-
miums; comment, chart, and table 46-48

Premium frequency payment preference; number of nonrelief

and relief families; table 36 152

Sex and present age distribution; comment and chart 26-27



INDEX 159

FAMILIES INSURED (1,666)— Continued.

Insured members: Page

Insurance in force on individuals, dollar amount; by economic
status and sex of members; number and percentages; tables

17-17A 132-134

Nonrelief and relief families:

Economic status and relative burden of insurance cost; comment 46

Income groups ; table and chart 19-20

Number and median percentages of income paid for premiums by

number of dependents in family; comment, table, and chart. _ 44-45
Number and percent, by percent of family income paid for

. premiums; comment, table, and chart 42-44

Nonrelief and relief, number and percent; chart 8

Nonrelief families, case studies 59-65, 73

Policies in force:

Number, by blocks surveyed; table 1 _ '. 106-107

Number held by individual families 51

Premium payment pattern:

Family income percent paid for premiums, nonrelief and relief
families, by average annual income per family member; table

21._ 139

Insurance in force on which premiums were not currently paid out

of family income; table 38 153

Programs:

Criteria upon which program application to family is based;

comment 58-59

Planning weaknesses; comment , 75-78

Relief (colored) families, case studies 72

Relief (white) families case studies 66-72

Size pattern:

Family income percent paid for premiums, nonrelief and relief

families by size; table 19 137

FAMILIES UNINSURED- (466):
Age and dependency status:

Nonrelief and relief families; number of chief and other bread-
winners; number of dependents; at present ages; table 16A 131

Nonrelief and relief, number and percent ; chart 8

Number, total annual income, number of family members, by block

numbers; table 1 106-107

FAMILY INCOME PATTERN: FAMILIES ENUMERATED (2,132):

Average annual family incomes, average number members in families,

average annual income per family member in families with and

without insurance; by blocks surveyed; table 3 109

FAMILY INCOME PATTERN: FAMILIES INSURED (1,666):

Breadwinner contributions, percent; table 24 141

Classes of insurance held:

Amount and percent of insurance in force, number of families
holding, average annual income per family member, by in-
dustrial, ordinary, group, and fraternal classes; table 10 118

Number of policies per family and average annual income per

family member; table 31 148-149

Endowment policies:

Number and percent of families with industrial endowment
policies bv economic status, nonrelief and relief families; table

22 - 139

Percent of all industrial policies, by average annual income per

family member; table 30 147

Industrial policies (701):

Percent family income paid for premiums, nonrelief and relief

families, by average annual income per family member ; table 27. 144
Percent of income paid for premium per average annual income

per family member; comment, chart, and table 46-48

Nonrelief and relief families:

Number insured and uninsured, by average annual income per

family member; table 5 HO

Percent of family income paid for premiums; comment, table,

and chart 42-44

Percent paid for premiums by size of family; table 19 137



150 INDEX

FAMILY INCOME PATTERN: FAMILIES INSURED (1,666)— Con.

Premium payments: Page

Percent paid for premiums, nonrelief and relief families, by average

annual income per family member; table 21 139

Premiums not currently paid out of; table 38 153

Visiting nurse service used; table 39 154

FAMILY MEMBERS ENUMERATED (8,794):

Insured and uninsured, number of 37

Number of members in uninsured families, number of insured and
uninsured members in insured families, by block numbers surveyed;

table 1 106-107

FAMILY MEMBERS INSURED (5,791):
Insurance in force:

All kinds, dollar amount, in percentages of total number of in-
sured family members ; comment, and chart 37-39

Amount, by economic status, number and percent, sex, and bread-
winners; tables 17-17A 132-134

Number of persons, and policies, number of policies per person,

amount of insurance, insurance per person; table 14

Industrial policies (701):

Family members insured, number, amount, total, and per mem-
ber; comment and chart 39, 40

Family members insured, economic status, amount of insurance,

number and percent, by sex and breadwinners; tables 18-18A. 135-136
Persons insured, number and percent, number o fpolicies, amount
of insurance, annual premiums; annual average per insured

person, by present age and sex; table 26 143

Insured families (1,666) :

Members insured; number and percent, by size of family; com-
ment and table 11

FRATERNAL ASSOCIATIONS:

List of with life insurance policies in force in Massachusetts among

1,666 insured families 104

FRATERNAL INSURANCE:
Age pattern:

Number of policyholders, by present age of insured, table 11A_. 121

Combinations of fraternal and other policies in force 17

Cost of:

Amount and percent insurance in force; amount and percent

annual premium; comment and table 41-42

Insurance in force:

Amount and percent in force, by average annual income per

family member ; comment, chart, and , table 20-2 1

Amount in force; table and chart 16

Policies, number and percent, insurance in force, amount and

percent, annual premium, amount and percent; table 6 111-112

Policies in force, number and amount per policy 15

Relative importance:

Amount and percent of insurance in force, number of families
holding, average annual income per family member; industrial,

ordinary, and group; table 10 118

Whole life plan in force:

Amount and percent, comment, charts, and table 28-30, 32

Number of policies, amount of insurance, annual premium; by
company (Boston Mutual, John Hancock, Metropolitan,

Prudential) and savings-bank; dollar amount; table 7 113-114

GLOSSARY:

Breadwinners ^ _ - 36

Endowment plan 28

Group insurance 14

Industrial insurance 9, 14

Limited-payment life plan 28

Term plan 27

Whole life plan 28

GROUP INSURANCE:
Age pattern:

Number of policyholders, by present age of insured; table 11A._ 121



INDEX



161



GROUP INSURANCE— Continued.

Cost of: Page

Amount and percent insurance in force; amount and percent

annual premium; comment and table 41-42

Insurance in force:

Amount and percent in force, by average annual income per

family member ; comment, chart, and table 20-21

Amount in force; table and chart 16

Certificates in force, number and amount per certificate 15

Combinations of group and other classes of policies in force 17

One class and combinations of class; number and percent of
policies, amount and percent of insurance in force, number and

percent annual premium; table 6 111-112

Relative importance:

Amount and percent of insurance in force, number of families
holding, average annual income per family member; industrial,

ordinary, and fraternal; table 10 118

Term plan in force:

Amount and percent ; comment, charts, and table 28-30, 32

Number of policies, amount of insurance, annual premiums;

table 7 113-114

INDUSTRIAL INSURANCE:
Age pattern ; age at issue :

Number of policies, amount of insurance, annual premiums;

table 13 125

Policies, number and percent, comment and table 24

Age pattern; present age:

Number of policies, amount of insurance, annual premiums, each

plan; table 12 122-123

Policies in each age group, number and percent; comment, chart,

and table 22-23

Breadwinner policies ; comment 39

Combinations of industrial and other policies in force 17

Companies underwriting-:

Policies, number and percent, by each of 4 named companies 18

Cost of:

Amount and percent insurance in force; amount and percent

annual premium ; comment and table 4 1-42

Defined 1

Endowment plan:

Age at issue; comment and chart 31, 33

Years in force, number in percentages of total policies; com-
ment, table, and chart 33-37

Families enumerated. (See Families Enumerated.)
Families insured (701) :

Companies carrying policies, list of 104

Economic status and average percent of income paid for premiums;

comment, chart, and table 46-48

Economic status and percent of industrial premiums paid on

endorsement policies, nonrelief and relief families; table 22 139

Endowment plan, percent of industrial premiums paid for; table

30 147

Number families, number persons insured and uninsured, number
policies, amount insurance in force, annual premiums, by
number of dependents and percent breadwinner earnings;

table 29 - 146-147

Percent family income paid for premiums, nonrelief and relief
families, by average annual income per family member; table

27 144

Number of policies per family, by average annual income per

family member, nonrelief and relief families; table-31 148-149

Percent of premiums paid on breadwinners and dependents under

16; by economic status per family member; table 28 144-145

Policies per family, number nonrelief and relief families, by size

of family; table 32 149-150

Sex and present age distribution; comment and chart 26-27



Jg2 INDEX

INDUSTRIAL INSURANCE— Continued.

Insurance in force: Pago

Amount and percent in force, by average annual income per

family member; comment, chart, and table 20-21

Amount in force; table and chart 16

Carriers of insurance, number of policies, amount of insurance,
annual premiums each carrier, by plans of insurance; dollar

amount; table 8 115-116

One class and combinations of class, number and percent of
policies, amount and percent insurance in force, amount and

percent annual premium; table 6 , 111-112

Policies in force, total number in United States 1

Policies in force, number and amount per policy 15

Family members insured (2,459) :

Economic status, amount of insurance, sex and breadwinners,

number and percent; tables 18-18A 135-136

Number and percent insured, number of policies, amount of
insurance, annual premiums, — average per insured person,

by present age and sex; table 26 143

Policyholders and policies, amount of policies, total and per

member; comment and chart 39, 40

Limited-payment life policies:

Years in force, number in percentages of total policies; comment,

table, and chart _ 33-37

Massachusetts:

Policies issued, terminated, and in force, each year, 1928-37;

comment, table, and chart 99-100

Policies terminated; percent lapse, surrender, expire, maturity,
and death, each year, 1928-37; comment, table, and chart- -101-103
Monthly premium payments:

Company and savings bank carriers (Metropolitan, Prudential,
John Hancock, and others); policies under and over $1,000;
number of policies, amount of insurance, annual premiums,

by plan of insurance, table 9 117

Multiple-company coverage:

Comment, chart, and table 51-53

Number of families carrying policies in 1 to 3 companies listed

by name of company; table 34 151

Multiple-company policies (1427):

Metropolitan, John Hancock, Prudential, and Boston Mutual;
number family policies each company; number and percent each

company in other companies; comment, chart, and table 51-53

Plans in force:

Amount and percent; comment, charts, and table 28-30,32

Number of policies, amount of insurance, annual premiums;
by company (Boston Mutual, John Hancock, Metropolitan,

Prudential) and savings-bank; dollar amount; table 7 113-114

Plan and age of policyholder; comment and chart ■ 31, 32

Policies each plan, number and percent, by years in force; com-
ment, table, and chart . 33-37

Premium-payment plan:

Discounts for making premium payments at office of company;

comment 54

Frequency of payment preference, by number of nonrelief and

relief families ; table 36 152

Frequency of premium payments, family preference; comment. _ 54
Relative importance:

Amount of insurance in force, percent, number of families holding,
average annual income per family member; ordinary, group, and

fraternal; table 10 118

Relief families. (See Relief Families.)
Sex pattern:

Comment 40

Policies, number and percent by sex; comment, table, and chart. 25-26
Sex and age pattern :

Number of persons, number of policies, amount of insurance,

annual premiums, each sex, by present age groups; table 11- 119-120
Visiting-nurse service; companies offering service; comment 55



INDEX 1(J3

INDUSTRIAL INSURANCE— Continued.

Whole life policies: Page

Years in force, number in percentages of total policies; comment,

table, and chart : _ _ 33-37

INSTRUCTIONS FOR ENUMERATORS:

Text 84-93

JOHN HANCOCK MUTUAL LIFE INSURANCE CO.:
Industrial policies:

Extent of multiple company coverage; comment, chart, and

table 51-53

Number and percent 18

Insurance in force; enumerated families:

Ordinary and industrial, by plans; dollar amount; table 8 115-116

Ordinary policies, number and percent 18

LAPSE EXPERIENCE: FAMILIES ENUMERATED (2,132):

Family experience ; 1 ,879 reports ; comment 53

Number and percent of lapsed and surrendered policies, nonrelief and

relief families; table 35 152

LAPSE EXPERIENCE: MASSACHUSETTS:
Industrial policies:

Percent each vear, 1928-37; comment, table, and chart 101-103

LIFE INSURANCE; ALL:

Absentee member premiums paid by families; comment 54

Classes of insurance: Industrial, ordinary, group, and fraternal 14

Companies with life insurance policies in force in 1,666 insured families,

list of 104-105

Cost:

Annual cost to 1,666 insured families surveyed 41

Insured families, nonrelief and relief; percentage of family income

paid for premiums ; comment, table, and chart 42-44

Fraternal. (See Fraternal Insurance.)
Group. (See Group Insurance.)
Industrial. (See Industrial Insurance.)
Insurance in force:

Amount in force by class and plans; dollar amount and percent-
ages ; comment, chart, and table 28-30

Number of policies per family, by average annual income per

family member and class of insurance; table 31 148-149

One class and combinations" of classes; policies, number and per-
cent; insurance in force; amount and percent; annual premium,

amount and percent ; table 6 111-112

Noncontributory and partially contributory insurance; comment 54

Ordinary. (See Ordinary Insurance.)
Plans of insurance:

Defined 27-28

Savings bank. (See Savings-bank Insurance.)

Savings factor of, compared with other forms of savings institutions;

comment 55

Savings institutions use compared with use of life insurance, by
families insured and uninsured and average annual income per

family member; table 40 154

Sex and age pattern:

Number of persons, number of policies, amount of insurance,

annual premiums, each sex, by age groups; table 11 119-120

LIMITED-PAYMENT LIFE PLAN:
Age pattern; age of issue:

Industrial, ordinary, and savings-bank life insurance, number of
policies, amount of insurance, annual premiums, each class;

tables 13-13A 125-127

Age pattern; present age:

Industrial, ordinary, and savings-bank life insurance; number of
policies, amount of insurance, annual premiums; tables

12-12A 122-124

Cost of:

Industrial and ordinary and all classes; number and percent of

premiums written ; comment and table 42



164 INDEX

LIMITED-PAYMENT LIFE PLAN— Continued. Page

Defined 28

Industrial insurance:

Policies in force, percent, by age; comment and chart 31-32

Years in for^e, number in percentages of total policies; comment,

table, and chart 33-37

Insurance in force:

Amount and percent by classes; comment, chart, and table 28-30

Classes of insurance and variants of plan; number of policies,
amount of insurance, annual premium; dollar amount; table

7 113-114

Company carriers of industrial and ordinary, by company;
number of policies, amount of insurance, annual premiums

each carrier; table 8 115-116

MASSACHUSETTS:
Industrial insurance:

Policies issued, terminated, and in force, each year, '928-37;

comment, table, and chart 99-100

Termination of policies, by modes, each year, 1928-37; com-
ment, table, and chart 101-103

MEDICAL EXAMINATION:

Classes of insurance in which not required 14

METROPOLITAN LIFE INSURANCE CO.:
Industrial policies:

Extent of multiple company coverage; comment chart, and table. 51-53

Industrial policies, number and percent 18

Life insurance in force; enumerated families:

Ordinary and industrial, by plans, dollar amount; table 8 115-116

Ordinary policies, number and percent 18

MULTIPLE COMPANY COVERAGE:

Families carrying; table and chart 17

Industrial insurance:

Comment and table 51-53

Families carrying policies in one to three companies, by name of

company; table 34 151

Organizations in which families carry insurance, number; table 33 150

MUTUAL BENEFIT ASSOCIATIONS:

List of with life-insurance policies in force in Massachusetts among

1,666 insured families 105

ORDINARY INSURANCE:
Age pattern ; at age at issue :

Policies, number, amount of insurance, annual premiums; table

13 126

Policies, number and percent; comment, chart, and table 24-25


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Online LibraryUnited States. Temporary National Economic CommittInvestigation of concentration of economic power; monograph no. 1[-43] (Volume no. 2) → online text (page 18 of 19)