The Caledonian. [volume] (St. Johnsbury, Vt.) 1837-1867, 1848-07-01
Are You Insured &?

A NY respectable male person between the
"A ages of l6 and 65, and not engaged in a.
NY extra hazardous employment, can effect an
insurance in the Massac husetts Health Insur-
ance Company, by answering in writing the
printed Undergraduates in regard to his age,
constitution, occupation, &c. and obtaining
the certificate of physician to the goodness
of his health.
ILLUSTRATION OF THE TABLE OF RATES
Any male person under 25 years of age, and
in fair health, can, by paying somewhat less
than $4,75, be insured allowance of four
dollars a week for every week of sickness that
he may have, during one year. BY paying
1925 annually, man can insure himself n
like allowance for all the sickness he may
have between his Both and 35th year. For
about $l2 annually, person in his 10th year
can insure himself six dollars week for all
the sickness he may suffer for the next fire
years. Eleven or twelve dollars n year will
insure a man between the ages of 20 and 80,
the comfortable sum of eight dollars a week,
for every week of sickness and disability Jar
ising from accident or Ill healthy which he
may suffer during the same long term oftime;
provid ed said benefit shall not exceed four
hundred dollars per amman, or $4,000 for the
whole five years. The advantage oflong poll
cies, or insurance for term of years, must be
apparent. A person insuring merely from
wear to year, makes provision against transfer Mt
sickness only, and should he be disabled dur
ing the whole of the last three months, no
health insurance company would renew his
policy Should he be stricken with palsy, go
into a consumption, or through accident or dis
ease be permanently disabled, in the first year
his insurance under sslong policy at this
office, he would be in the weekly receipt of the
allowances of the company for upwards of four
years.
DIVISION OF PROFITS, OR RETURN PRFMI-
uMs TO THE INSURED. No person insured by
the Massachusetts Health Insurance Compa-
ny can be called upon, in any case whatever,
to pay any thing more than the specified pre-
MUM and policy fee, on account of his con.
nection with the institution; but he is en-.
titled to and ,CiU recGipe share of the profits
as it is provided in the charter, that after di.
vision of sin per cent. only to stockholders, the
remainder shall be shared annually with the
persons insured. In no event will more thar
ten per cent. be reserved; and should the pro
fits amount to thirty per cent, in this case q
per cent. would go to the holders of policies
| in the shape of dividend or return premium
The President and Directors receive no com
pensaton whatever, and strict economy il
observed in the management of the affairs OK
the Company At the semi meeting
in Dec. iS47, the Secretary represented tina
more than 400 persons were connected will
this institution-the number of policies applied
for during the last quarter averaged more thar
900 per month, and the business was constant
w increasing. In the month of Feb. last, NOR
than 400 persons became members, and il
March the number had increased to $780,
There is every prospect that the biennial state
ment to the Legislature in June, 1S49, the com
pany will be able to report that they have 10,
600 members Under these circumstances ther
is a fair e. expectation of ctory dividend
Applications for insurance received by tn
subscriber and all necessary nfor nation given
EPHRAIM JEWETT, Agent.
ST. Johnsbury, May 10, l843, 564m3