The organ of the temperance reform. (Cincinnati, O. [Ohio]) 1852-1853, 1852-10-29
Mutual Department.


In this department, when the premium amounts to
Forty dollars and upwards, but half is required
in cash dividends of profits annually. This depart
ment, unlike other Mutual Companies, is secured by
the whole caPitalof the Company, H. e) $4,000 and
its accumulatiOns.
BY combining in one office the Joint Stock and Mu
tua System of Insurance, offer advantages to In.
surers which cannot be obtained in any other plan
TO our Mutual insurers we give the security OF our
Joint Stock Capital oil S15H,OUO and its accumulations
and lessen the expenses of this department one half
(Which is equivalent to l74 per cent )thereby ena.
bling the Companyto declare larger dividends.
The directors of this Company personally inter
ested in its prosperity.
There are no Directors but what are Stockholders,
which fact will induce great degree of caution in
taking none but good lives, in the iudciJns invest.
ment Of its finds, rigid economy in nCurng expenses,
and in the general management of its business.
Is has been the policy of companies to divide
the entire amount Of their surplus utterly regardless of
the unalteraLle nature of their obligations.
But mustbe apparent to every one, that this Is an
unsafe, if not dishORest mode Of fansaeting busi.
ness.
The certainty Of future losses 10 which every Life
Insurance Company is liable, renders it absolutely
necessary that large reserve fund should form per.
manent investment for the payment of such losses.
It will be the policy Of the Washington Life In
surance Company always to have reserve fund
securely invested poportionate to its amount Of Lu
ness.
This Is the only method by which adeouate secur.
ity at all times be furnished to the insured and
place the Company in position in which no aBa0HRt
Of future losses can impair ita solvenGy.
The charter of the Washington Life Insurance
Company novides that a wi may insure the life of
her husband for her benefit and for her children and
at his death receive the amount OF the policy, without
regard to the debts Of the husband. Creditors cannot
take it. This privilege cannot be obtained in
foreign company.
The advantages Of Life Insurance commends itself
to the favorable consideration ofevey class ofpeson,
in community. Unlike Fire or Marine fnsurRnces
in which there is data for the calculation Of pre-.
mums, it is founded on the immutable laws of ma.
tufe, fixed and invariable. The rates or premiums
are deduced from the bills Of mortality, and verified
by the experience Of more than a century,
There is no mode of investment more sure, more
certain, easily attainable profitable to
the insurer, than Life Insurance. 1t is the only spe
ees Of investment that has stood the test OF time and
it yet remains to be recorded the fact Of the first purely
Life Insurance Company that has failed to meet its Oh.
LEGATIONS during the lapse of nearly century and half
| 1t is the prop which the dying husband leaves to
support the wife Of his BOSOM 1t is the unseen hand
of the provident father aching forth from the grave
and still nourishng his offspring and keeping together
the family groupe By it, the faithful son Dfoects his
aged parents, even when be has preceded them into
eternity through II the honest debtor satisfies his
eonfdng creditor, where fate seemed least propous
In moral and worldly sense, it is great weapon
| by which TO rob death of his sting.
| There is danger in delay. Life is uncertain we
know not what day may briug forth.
A man has no guaranty for health or existence be.
| yOnd the present moment If he has made no prov.
sion for those who look up to him for support it is his
dlty 10 do so, and to do it Immediately. If he
loses his health, or be hurried to an unLmely grave
what is to become Of his wife and children.
Tell 1t not that the loves his wife and children
who, having the means and opportunity, makes no
effort to project them against the eOatingsHeiss of
| remediiess poverty.
California risks taken on the most favor
able terms.
January IS, 1852.