Extra Benefits Added To Insurance Plan
Dependent Insurance, Accidental
Death, Dismemberment Features
Added To Employees Group Plan
In a move liberalizing the Fieldcrest
Mills group insurance plan to provide
increased protection for employees and
their families, three new features are
being added to the present plan effec
tive January 1, 1965.
Employees insured under the Field
crest group plan will be able to obtain
life insurance up to $1,000 each for all
dependents, including wife or husband
and children 14 days to 19 years old.
The new program provides, for em
ployees, a double indemnity feature,
paying twice the basic coverage in the
event of accidental death. Also included
for employees is dismemberment insur
ance under which an amount equal to
the basic life insurance is paid in case
of severe dismemberment.
Fieldcrest’s group insurance plan is
underwritten by the Equitable Life As
surance Society of the United States,
one of the world’s largest insurance
companies.
Added To Basic Coverage
The additional benefits are over and
above the employees’ basic life insur
ance coverage, which continues as be
fore. All insured employees have at least
$3 000 in basic life insurance, and many
have $5,000, $7,000, or $10,000, depend
ing upon their weekly earnings.
The addition of accidental death and
dismemberment insurance to the plan
costs the employees only a few pennies
a week. The employee can insure his de
pendents for only a very slight increase
in his part of the cost.
As under the present program, Field
crest will pay a substantial part of the
insurance premiums, helping employees
to obtain the protection at the lowest
possible cost.
Plan Is Explained
A summary of the new benefits has
been distributed to employees and dur
ing the past two weeks industrial rela
tions personnel and representatives of
the insurance company have met with
employees to explain the plan and en
roll participants.
A new booklet giving details of the
improved insurance plan is being pre
pared and a copy will be given to each
insured employee within the next few
Buy
Sell
Swap
FOR SALE: Stevens 12-gauge double
barrel shotgun. Good condition. Will
sell for $30. May be seen at 209 Hodges
Street, Spray.
FOR SALE: Hampshire-Poland China
pigs, 12 weeks old. Call 623-7090.
FOR SALE: Small fuel oil heater and
new 3-burner kerosene cook stove. See
H. F. Reavis, Joyce’s Store, Fieldale,
Va.
weeks. In the meantime, industrial rela
tions representatives in the various
areas will answer any specific questions-
The purpose of the new group insur
ance plan is to provide Fieldcrest effl
ployees with as liberal a program o
benefits as possible. The life insuranc
coverage, together with hospital an
surgical insurance {Mutual Aid) and t
weekly indemnity insurance for
job accident or sickness, afford a hi&
degree of protection for the employ
and his family. . j
Our company has been reco^^
many times for its pioneering action i
establishing a group insurance
employees over 30 years ago. In tn ^
long period, Fieldcrest’s insurMce
grams have been of major assistance
employees in arranging financial
curity for themselves and their farnil*® •
12 Blanket Weavers O*'
Quality Honor List
A total of 12 Blanket Mill weaver®
made the quality honor list for the si
months ending November 30.
Plain and Dobby Weavers
Lucille Carter Sallie Isley
Kate Fuller Bailey R. Pratt
H. Dillard Harris Thelma A. Pruitt
Augusta R. Hill Ethel C. Slaydon
Jacquard Weavers
Virgil Cochran Marvin Pruitt
Gladys C. Harris Leona Smart
"“•loiiir
Robert Minter (left), of Sheeting Mill, and Jasper Gammons,
of Blanket Mill, look over headline announcing “war” on waste.
Draper Plants
‘War’ Against Wast«
The Blanket and Sheeting Mills, at Draper, have declared
“war” on waste in a well-organized campaign designed to e
list the help of employees in reducing losses from waste.
For some time, posters reading “W.O.W.” mysteriously
peared in conspicuous places around the mills and caused a co ^
siderable amount of guessing as to what “W.O.W.” stood °
Then, last week, copies of a mock edition of The Leaks"'^^^
News carrying the headline “Blanket and Sheeting Mills
dare War” were distributed to all employees. ,i
The newspaper carried two stories concerning the “W.O.
campaign. The waste drive was compared with a football
in which every player must do his own particular job in or ^
for the team to win. When everyone gives his best, the tea
usually is successful, it was pointed out. .
Letters signed by H. T. Bundy and J. P. Powell, manage ’
respectively, of the Blanket and Sheeting miUs, announced
team effort to reduce waste and urged enthusiastic particiP
tion in the campaign. The letter pointed out that losses fr°
waste affect profits and that profitable operation of the co
pany is necessary to provide jobs for employees. Each employ
therefore, has a vital concern in waste reduction.
“We know that waste cannot be eliminated entirely but y
will agree that there is considerable room for improvemen^’
the mill managers said in the letter, as they urged employ®^^
to cooperate in reducing waste to a point in line with the o
jectives that have been set.
THE MILL WHISTl^^