Document B89vyxBqrmO74k03EN6rBy9qj

FILE NAME: Metropolitan Life (ML) DATE: 1939 Aug 22 DOC#: ML125 DOCUMENT DESCRIPTION: Internal Met Life Letter RE Johnson's Cov Thetford Mines West & Discussing Whether Co. is an Acceptable Risk Dr,, W-cGonnell, UVelfaxe Division, Industrial Health Section He; Johnson's Company, Thetford Mines West, Qiebec We cover the employees of the above company for group life insurance, and to date the claims amount to 83$ of the premiums. Several years ago the experience was unfavorable, and we referred the group to you because there was a substantial number of claims for lung diseases. There has been an improvement in the experience in recent years and the coverage has shown a profit since 1935. In 1936 the question of offering this company .ccident & Health benefits was considered and we asked you to .make an inspection of the properties. lou reported that the employees were French Canadians and looked undernourished and that in your opinion the claim experience would not be very good. On the basis of this report, we decided not to offer Accident & Health coverage. Our representative has again raised the questicn of Accident & Health coverage and advises us that the company hua appropriated a considerable sum of money for mine improvements. Possibly this will im prove the group as a risk for group coverage. &e would appreciate a further inspection of this company's properties and a report from you at your convenience. The group is not large enough to justify the expense of a special trip for this inspection, but possibly you will have someone in the vicinity soon and can have him make a report. In advising us whether you consider this company an acceptable risk for Accident & Health coverage, you will want to tike into consideration that for this industry (asbestos mines) we load our standard rates 10$. In other word, if you think the clajj rate will b* 1 # m than 110$ of the claim rat in a non-ha sardo u* industry, our normal rah# should be adequate. Of course, the plan we will offer will not/jrovid benefits for occupational accidents. r