"Salary Savings" or payroll deduction method of monthly premium payment.

September 24, 1948 SUBJECT: INSURANCE TO ALL AUTHORIZED LIFE INSURANCE COMPANIES. Re: "Salary-Savings" or Payroll Deduction Method of Monthly Premium Payment. Gentlemen: For your information there is enclosed herewith copy of a Department opinion, dated September 23, 1948, regarding the writing of insurance on the so-called "Salary-Savings" or payroll deduction method of premium payment. Very truly yours, /s/ RAYMOND HARRIS Deputy Superintendent and Counsel. enclosure