The organ of the temperance reform. (Cincinnati, O. [Ohio]) 1852-1853, 1852-01-30
Joint Stock Department.
Rates reduced thrty.thrGe and ons-third


In this department, when the premium amounts to
Forty dollars and upwards but one half is required
in cash dividends Of profits annually This depart
ment, unlike other Mutual Companies, is secured by
the whole capitaOf the Company, a. e. $780, and
its accumulatOns.
BY combining in one office the Joint Stock ad Mu.
tual 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 OF S15UOUO and its accumulations
and lessen the expenses of this department one half
(Which is equivalent to l74iper cent )thereby ena.
bling the COmpanytO declare larger dividends.
The directors OF this Company are 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 judicons invest
ment of its funds, rigid economy in incuing 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 u must be apparent to every one that this Is
unsafe, II dishonest, mode Of tr0nsacting bust
| ness.
The certainty Of future losses 10 which every Life
| Insurance Company is liable, renders it absolutely
necessary that large fund should form per
manent investment for the payment of such losses.
1t will be the policy of the Washington Life In
| surance Company always to have a reserve fund
securely invested proporOnate to its amount of LuS
ness.
This is The only method by which adequate secur-
ity at all times be furnished to the insured and
place the Company in position in which no amount
of future losses can impair ita solvency.
The charter of the Washington Life Insurance
Company provides that wife 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 a
| foreign company.
| The advantages of Life Insurance commends itself
to the favorable consideration ofevey class ofpersons
| in community. Unlike Fire or Marine Insurance,
in which there is data for the calculation of pre-.
mlums, is founded the immutah hla lpyys nf
tuTe, hxed and lnvariable. 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, or more easily attanable profitable to
the insurer, than Life Insurance. ID is the onlv SDe
ces of investment that has stood the test of time and
yet remains to be recorded the fact the first purely
Life Insurance Company that has failed to meet its OBJ
legations during the lapse ofnearly century and half
1t is the prop which the diving husband leaves to
support the wife of his bosom. II is the unseen hand
of the provldent father reaching forth from the grave
and still nOunshng his offspring and keeping together
the family groupe. By it, the faithful son protects his
aged parents, even when he has preceded them into
eternity through it the honest debtor satisfies his
cOntdng CREDITOR where fate seemed least propitious
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
man has no guaranty for health OF existence be.
yOnd the present moment, If he has made no prov-
sion for those who look up him for support it is his
| dnty to do so, and to do it Immediately If he
loses his health, or be hurried to an untimely grave,
what is to become Of his wife and children.
Tell it not that the loves his wife and children,
who, having the means and opportunity, makes no
effort to protect them against The contingencies Of
| r6mediless poverty.
California risks taken on the most favor
able terms.
January I5, 1852.