Medford mail tribune. (Medford, Or.) 1909-1989, April 14, 1957, Image 39

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!
Now New York Life announces
a new convenience for its policy owners
pays your insurance premiums safely, surely
every month out of your regular checking account
yet you never write a check!
SAVES YOU MONEY!
Check-O-Matic premium ' .
is less than if you pay monthly
the usuai way
SAVES YOU TROUBLE!
No inconvenience every
month of writing checks
or mailing them!
SAVES YOUR POLI
Prevents possible
lapse of your policy
due to forgetfulnessl
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CY! I
Through the cooperation of your local bank, New York
Life can now offer you Check-O-Matic a new method of
premium payment. It ties in with the modern American prac
tice of budgeting everything by the month. It makes the
monthly payment of insurance premiums completely automatic
you never lift a pen or lick a stamp!
Here's how Check-O-Matic works: First, you authorize
New York Life to draw checks on your regular checking ac
count for your monthly premiums. Then you authorize your
bank to honor these checks just as though you signed
them yourself.
That's all there is to it . . . you budget a proper balance in
your account and you do nothing more from then on, thanks
to your local bank. The canceled check is your receipt. All you
need to qualify for Check-O-Matic is a New York Life in
dividual Life or Accident & Sickness insurance policy which
has a monthly premium of $10 or more.
Equally important, Check-O-Matic actually makes your
premiums lower. For example, on a new life insurance policy
where the regular monthly premium would ordinarily be
$51.94, the Check-O-Matic premium is only $50 a saving of
$23.28 a year!
Ask your New York Life agent for complete details about
this wonderfully convenient, wonderfully simple, wonderfully
safe Check-O-Matic service.
EfewYork ILSfe
Insurance (mjtuj) Company
51 Madison Avenue, New York 10, N. Y.
Lite Insurance Group Insurance
Accident A Sickness Insurance Employee Pension Plans