Herald of the times, and Rhode Islander. [volume] (Newport, R.I.) 1846-1849, 1848-04-20

Il J1e Mutual Bencm Life Insurance Company,
! is authorized by its charter to make all a"u
every Insurance appertaInng to or c"""tc''"
\ with Life risks, OF whatsoever KIN" o' "''''r'
and will grant annuIiirs and make ehu"W
lments, as by the Act ol lhcofpo'a"'"' P"''
the Both al Jansnry, ls4o.
VI Tn, Directors Of this Company, deeply I'M
pressed with the very great, ,selul anu gro"
mo impoftauc. to community nj la'ge w h,''
||in.nrance, would call the altenu"h oi Tue
nubIc TO the following observations h"h Pr'n
rinl.s. as intended 10 explain To them ITS pc
cnlar advantages, and the particular iea,"fe'
, Of this valuable institution. IL ~ seen ao"'
:, how extensive the privileges are 'e"ch'"e !,
= every risk apperia,ning I" or '"no"c'e' WIZ
Il ir. Guarding aud supporting infancy to ole
npe. IN all grades Of professions ard traueS
|otphans, wi iows aud their childron,by sha'
' annual investment. on the principle oi Muh
,l BENEFIT, arising from Mutual Insurance be
IIupa.rIf protective society. In this there
no Money Sock the lunda or capta' afl'
, from pr, m ums paid IN when persons "'"n
, insurance. aud these form tue means 10 haN
: pa,mcnts on policies, grant loans, pay eAPe'
:. s.s, and Weld profits. All persons insure
:, bocume members, but are not liable oeyon
y the amount Of the premiums 10 DC pau
- i,h,m The books Of tho company are open
II ne IN.
r,csiyrd, are deposited or invested accofn''
ia IN. charter, aud the nett profits. at liked r
4 ,iods are. divided among them, as heronlt
l. .xrI,,neJ The table Of figures and the rule
" ar. ,nnde and calculated with accuracy, alt
lr the experience and praouce oi o'h Eng'
cumpanies aud all persons can see DS Tue
- now much they have to pay, ano the ga,
- th,y will be likely TO receive. lh's p'
> nariakes of the Savings Bank and Mutual
n . ,ere,ts afurding the security oi The one,
-, gain OF the other. and IS enlirely beheVoeht
80 us orcrations It also embraces Pio'Ern
"s u,,ued Women to insure the lives OF lh
husband, for any amount the premiums o' "h
, ~ shall not exceed s3OG per annnm, ana u SEC
sh' eJ IA them agnnSt any demands III law
"A cred tors -, 4.
~. The greatest portion Of society, who oy ga
NV rxeriions OF industry earn support az a'us
''n aud me, hanics deriving livelihood '''n J
az .nn,l l,bnr and skill, seldom resort to Lie
'h'l ,urance, IN any numbers, for future ptoVS
fnr their families. though 10 none woulu y
FRA -, ,tuporiant as 10 them who by sickness
I" death may in day, leave iho'e neaieN
Ited dearest TO them IN poverty. To men ~ y
camille pursuits and those IN probes lonal y
b ness ol every rank and class, tr those
- have uncertain nr small incomes. ahu
are most numerous IN wealth IN the aPgte
and have II IN their power I" PfoNlde aga
le vic,siudcs they are constantly expose
Life Insurance j. also Of he utmost iinp"''a
l.lhpy and those IN lower circumstances are .
deferred from entering into coua"-, OF 70
tnre ~ the Advantage appear fem"le-p
contingent on death, OF ability to Pay The Pf
umS.
To assist all such, th,. Mutual Benehi so
:" 40 arranrcs The payment of the premiums
OF ieinrns IN part Of the same, ~ '" enHp'
o"'' persons 10 become mcmhers, snd ENJOY y.
ysn'sges while living; thus protecting u
- seves ~ he. aud providing Tor ih"f lao
.c.i, ,Cier heir death IN this way short LIE
lore II obrsin, and leave ~ heir, he b'peh' u
~ or,