kir-. > Stretching Your Dollar By Philip J. Goldberg Institute for Financial Planning. Inc. "j rr^ni the ;im .y I have urceivisl, here ."iv a fe.v <j| the most (rpquTcily asked questions: l»K \|» \f!». GOLDBERG: I have an a ent trying to per MK"io t>, ' op my present life . insumniv co-.oi..ge ami teke the p«»licy ho is «firring. How can I !*• sure | m fining the right thing? AN'SWEIi i list of a|t n |S considered un ethi .I in tli- insurance profes sion for an a*;* nt to suggest can •eJation of one policy in fevor of another. Scro illy, rarely ran .vo ir existin . :t - uiance is* replao »'<l advontrtg ->•. sly to you. In any ••vent, he vu»-e lo get a copy of ^hc proposV i:: writing, anil then send it toy w insurance company for analysis I>KAH Mr. ( OLDBERG: 'low can I • sure that the life insurance .n many f am dealing with is 3 i!< < ndnhle organiza lion? ANSWER 'fak-‘ sure •hr.l tlie ertnttany ■-►'ii intend i > ileal with ir llcenwd in your st.n» * Many companies who advertise in your state may, net actually bc licensed to sell life itvuranc • there. This puts' you at i disi.! outage In case of trouble, you will not be able to, appeal to yej|- slate insurance board for he’p OKAR MR. GOLDBERG There are so many different j types of lif« insurance. How can I decide win H one is tlje best for* mo? ANSWER The policy lest suited for your' personal need era only be de termined between your agent and yourself. t\< u*ia mentally, there are only two 'TI’ES of policies: i one which txTa.its you to save money while you get life insur ance protection: the other is cheaper, but d es not provide you with any cash benefits. There are many diffe:"m Plans available, based on n.nthei of-or a com bin ation of • t'.e. e types. DEAR MR. GOLDBERG 1 Do 1 act natty need life insur ance if I am single, without any dependants? ANSWER Many life ir>.<ui«IKr plans are. in addition insurant* protec tion. sound ways to save money. A young man or woman contem plating mania'e. would ho in a hotter fln:*no:f.l position when they tnarrv, 11 addition ,o having life inrutano* eovora ;e which was purchas'd at an earlier ago. and at a ohoai«rr price. for the older person without do|»ondants. life insurant • could cover final expenses su< h as husin«-ss debts and burial « x*.cnsos. as well as donations to > favorite charity. DEAR MR GOLDBERG: My insura-i--» agent thinks that I should insvro my wife. Do you agree with this? ANSWER Think, fo~ a moment. about who would take care of your children an.l watch over them, if your wife were not ar >nnd. Aside from paymo of final expenses for her mt*di and hospital hills, there w ill lv> urial expenses. This is all very si-I to think ah«>ut. bui unless you "ar afford the price of a good nur.t * naid for your child ren. and can ;i.iv these hospital and doctor hills on your own. you had hotter give careful thought to wife insurance. DEAR MR GOLDBERG: I have a so k»us medical pro blem. Is it possible for me to get Shelby's New SKYVUE DRIVE-IN THEATRE 1st Outdoor Run In This Area Adult Entertainment Regular Prices TI a Magnificent Motion Piet are !1 — PLUS — IP 9 2 TERRIFIC PICTURES cirri nv drive. linXlLDI THEATRE inI FRIDAY - SATURDAY and SUNDAY BIG JOHN WAYNE “NORTH TO ALASKA" — PLUS — 'THE HUSTLER" • PAUL NEWMAN • JACKIE GLEASON • PIPER LAURIE BOTH HITS ON THE SAME PROGRAM FOR THE FIRST TIME I - V.'* insurer c * ANSWER Today, lit.* insurance under - writinx is s< f.exiblo that there an1 very (r jMuatl'in* which art* completely t! -insurable. However, your promiii n will hr hither than one for a herUny person. depend ing upon ih" ■ rriousnoss of your medical pn>V -in. D<> not assume that because ’.-hi have a history •of medical j n t-lcms. that this rale will lie j. ohibitive With the advances in Ide insurant under w’riling pi -idures torlay. the chances art? \ iu will easily l>e able to affoi I tiie premium. Just as him. n beings are dif . fe-ont. them -nsurcnce problems vary accord’ni to iheir individual circumstance;. Tor insurance, as .with medicine or law. there is no j one answer to any question. For this reason. I suggest that the answers of there qut'stio-s be us e*i only as rn: Vposts. wlten von sit down with your life insurance agent to dis'ers your Individual I protection p'.an. Your regular paycheck is total protection to - your family today hut what (ihwl tomorrow? Should that hard earned pay check not t go into the house held at the regular time, what .would your ‘amity do? liow will 'they pay the itnt? How will they buy food? Hw will they buy the ! many other n.v ossifies >f life? A good life insurance policy will cover op- eventuality. Today, most peopl *. e’thei through their job. ov on a-, individual basis, supplement iV ir life insurance coverage wi h medical, surgical a-i*l hoSD'ij’ization insurance. Tliis covers another eventuality. Tint still, thee (V* not have total protection. I,- cuse there is anoth er possibil:ty where the bread winner will lie prevented from bringing home a regular pay check. Tlic threat of partial or com plete disabivty foi a prolonged period threa:crr the happiness of your family, .nd this is where so many insurance plans fell short of total protection. Disahilitv *r. ans loss of income. W hen this happens, should you dip i-to youi* hard-earni'd sav ings? The .answer is no. However, some peopl’' have no ehoiee anti their savin ;s „ir used up in a matte, of n -Phs even though doctor anti ht spit a I bills arc paid for. and even though union, em ploye!* and week men’s conpensa tion benefit; ‘' Ip t > somewhat ease the bunk n. Disability i> surance provides your family with an income, if you are un.a-1 • to work. When add(>rl to you ’life insurance and health insurance plans, it gives them total r .itoction in case of any eventunlitv tax free. In most cases. Uncle Sam allows you to use ever*' penny of this disabil ity income. 'Hie cost of ttisability insurance depentis up >n only one factor: how long can you wait, while lie ing laid up. *■ 'rort* that first check ' comes in. v.iV ut dipping into your savin: Tiie period of time you can wait depends larg-'e upon your per sonal situat:- n Along with vour insurance a-.irt. you can tlecitle this. His diversion with you will include such things as: H«*w long w .'! y our company pay you if you arc off the job due to sieke-'.i. ? liow much will you be entitled to from beeertts such as work men's compensation'* How long i will you be allowed *o collect these bencf*'- ’.’ Total prot *• :.on means having (enough fores ght to protect your I } If we don’’t have the model and make you want (late model, old model or in-between), we’ll Ret it for you, * Lowest Prices • Low- cost bank financing > • Up to 36 months to pay 1 Hamrick Used Cars 739-4717 Phones 739-3709 SXZLBY ROAD WEEKLY CROSSWORD PUZZLE Woodwind HORIZONTAL i r>p.. tm woodwind lrU5IC.lt inMnamot • It ha* a refliillif —— 13 Performer 14 Improper IN Golf t*iin It. Row liber 18 Girls name 19 Peak 30 Performed SI Weight o( India 22 Hebrew deity 23 Registered nurse (ab ) 24 Float of logs 27 Cheerful 29 Measure of area 30 Indian mulberry 31 Anenl 32 Mixed type 33 It belong.: to the family 85 Throw 38 Egyptian sun god 39 Diminutive suffix 40 Exclamation 42 Soft drinks 47 Constellation 48 Knock lightly 49 Clan 50German lab.) 51 Creek letter 53 Part of a v. hoie 55 Radio dftecto 56 Bore* VIRTUAL I Bcjt ? Interrti* 3 Pat* 4 Yei (Sp ) J Gi**k m< uni t. Ol |h* rar 7 Bird's bom* R Chilly 9 Ruth*mum cymbol) 10 American patriot, 11 Commands lINVw J*t«*y city I? An (Scot ) 25 Gambling gam* I If Ia Im ?• Woody plant :T EnrlunM 21 Mixture 33 Speaker 34 Group of lionet 38 Calm 37 Uo* 41 2 Asterisk 3 Either 4 Expired 5 Compete-.! • Ofctened TOW 2 Georgia (at) 4 Anotiier Creek letter BETHWARE ; OAK GROVE NEWS > Bn Jit-in Botton Da via 1 Telephone 7J9*5Sj9 I I! BETHWARE Mrs. Johnny Seism was honored at a house-1 hold shower and (tarty Satin da\ night at the home of her mother, Mrs. Oland Horn. Hostesses lor the party were: Mrs. Wesley Ki ser. Mrs. Evenotte Seism, and Mrs. Clyde Dixon Mr. anti Mrs. Dennis Horn anti Mr. and Mrs. Ed Roberts have re turned home alter spending last week in Florida where they visit ed Smyrna Beach and Cape Ken- j nedv. Mr. and Mrs. James Mathenyi attended the Mathenv family re union which was held at the Gun ‘ Club in Bostir Sunday. James was elected president for the next two years. Tom Mathenv. Jr. and Craig Christen bury of Charlotte visited the James Mathenys Friday. Theresa and Timmy Holt, and Lisa Fith of Mt. Gilead spent last 1 week with Mrs. Luther MeSwain. Mrs. Wylie Allen ontortain«*d her Sunday School class of Jun- * ior Girls at a cook-out at her home Thursday. Jean Allen and Shirley South-1 ard are attending GA Camp atj Gardner-Webb College this week . The Golden Circle of David's met Tuesday night with Mrs. Ev-J erette Patterson. The devotional | was given hv Mrs. Glenn Spear- ' man. family from three major oatas trophies: Your premat ire death, your unexpected long life, or the possibility tha* you might suffer the economic math of disability. To protect 'hem completely, you must have ife Insurance, health ' insurance and riisabilitv insur ant*. Mr. and Mrs. l.awivnoe Crigg and family of Cherryville were Sunday guests of Mr. and Mrs Franklin Davis. Mr. and Mrs. Sam Lovelace and Mr. and Mrs. I*. H. McSwain went to Charlotte Wednesday. Mrs. Linda Bolton, David. Pam. and Tammy, and Mr. and Mrs. Lloyd C. Bolton were Monday visitors of Mi >. Edward Pavi* and Bobby. Herb are a-i’horitative cnswers bv the Vete-a 3 Administration to questions frcm former service men and tbc r families: Q When will educational and training hcn« fdr expire for vet orans of the Kt itan Conflict? A The educational program program fo ■ Korean veterans will expire a.i January 31, 19f>> Tlte cducatiora' program for World War II »eterans has al ready 1 Q My hu.or ntl’s Wot id War I insurance is r>cte of a burden on' our very li-i • d finances. Will this ever be -.aid up? A Some typer of insurance contracts are paid up after 30 or 30 years. If v u cannot tell from reading th>- pr.l cy you may v.-rite to the office t-- which you pay your premiums. Q In the ease of a service man's death while he .'s on active duty, what are the limits of the Death Gratuitv and who receives it? I A Tile b UK-fit is a sum equal to six month* pty of the deceas ed. Howvv, it shall not be less than $W0 no : ion* than $3,000. It is paid to the surviving spouse.! child, or ch 'i’-m unless the scr- i \1ceman has designated his par ents. brothers or sisters. The Veterans THE "WEE LANTERN'S" HAVING A -S-A-L-E ON ALL COSTUME JEWELBY Regular $1.00 Values.... New ttc Regular $2.00 Values. New SI JS Other Price Reductions Include: e “GET WELL" & BIRTHDAY CARDS Regular Values S1.00 — SALE PRICE O PAPER PLACE MATS Were S1.00 — NOW .. O FRIENDSHIP RINGS Were SI JO — NOW MANY OTHER ITEMS FROM WHICH TO CHOOSE "WEE LANTERN” GUT SHOP 118 W. MOUNTAIN STREET "Miss B” Dresses F0K1HEVBY YOUNG CROWD $jK3*'*- ,-fk 5.99 Layaway Now For Back-To-School r See the fin* detail... fueled bodices, new button trims, snowy white collars and cuffs! One and two-piece styles, some with their own net petticoats. Easy-core fabrics from famous makers, some with stain-repellent Scotchgard* finish. Rich, deeptane plaids and soKd colors, also tweed effects. . Coma too these pint-siicd charmers! Sizes 3 to 6X.

Page Text

This is the computer-generated OCR text representation of this newspaper page. It may be empty, if no text could be automatically recognized. This data is also available in Plain Text and XML formats.

Return to page view