Lynchburg daily Virginian. [volume] (Lynchburg [Va.]) 1852-1861, 1857-04-30
INSURANCE.
MUTUAL. SYSTEM
NEW WORK LIFE fNst RANtECOupANS
CAP TAI. ST. d , % 90 \ d
DAVID Is PAlNE, Agent
RD. y. PANhE, -, Medical Adviser

no. y fAfhE, NJ ID Medical adViser'
DIRECTORS
a II AHa,srEAp, , d onmsIrAs,
| On SAM coz. Ws A. Rad.
hCtuRkLI.
U'HIs Company commenced rs operation. y years ago
Iaed to o. ess1s Is The 1T January Is55 ali invested in
State Stocks and Bonds and Mortgages believed to be
We know y 10 o Investing money probably
The profits are mutual Tor the Insured AMI have averaged not
less than thirty per cent annually ON the premium paid
WHO MAY INSURE
TnE INV YoHK LIN INsuRASct CoarhsY Is authorized
to effect Insurance Lives aud make all and ovory lnsn
rance appetlsining To Life
Persons may be by paying the preniums
quarterly, "em annually annually or the whole amount IN
be insured for single year for given
Person. may effect insurance their lives the
lives Of others whom they have insnrabo interest therein
man may effect insur nee on MS own lite IN the name
81 his wifi her benefit and her aud Ia Of
her death the death Of her husband payable her
may effect the benefit Of her hus
band II he have poeunsr interest dependent her ie
for tho heaoht Of her children
6 Naval and m'arymen, in 'ime Of peace may eloctn
aud be allowed abroad without forfeiture Of
poiiry IN payment Of an extra premium
Persons insured have the privilege OF visiting residing
in any Of the United States o the Rocky Mountains
without forfeiture Of policies except between the FIRST o july
and h Of Noyembc when they NAY not reside 'oat OF tho
southern boundaries 81 The states ot Virginia Kentucky
without payment of osltH premium.
Insurance may be effected the Ayeso persons residing
out q the boundaries he named embracing any part Of tho
globe at equitable rates Of premium.
POLICIES rueGHAsEp ny ONE PAYMENT.
aha has been nhde with view Ia the purchase Of poll
cios bs the al the Nhpe premium there.
hy enabling persos such amount as they can spare
nom time To- me without to alni 10 forfeit t6ctr norns
from nahty 10 make regular annual pay Thus IN.
dvduai VI - Mt the resent TIM, at the oi thirty,
SPARE 80 to secure permanent sscsnct Tor his family,
may purrae policy lo sl12 the benoht OF which sub
seqacu misfortune deprive them Thus, from yonr 10
ycar aud whenever his crennsian IA admit he dis
rosr"i hs surplus "anns noe securely and prohahy than
In any other way IA which otmont be made The
r"ets 81 LIE Companies s"w that large humber OF Foil
ces constantly bonB forfeited in consequence f
psetd nhsnge IA financial Affairs whereby the parties
atr 10 "0e the payment Of thor premiums hen due but
ia The pgirba~" e" policy such contingency Is avoided for
Tnn or snr me ne arc made no Ca"
Thcre another advantage in .uch Investments 1t enconr
system of prudence aud economy There few who
cannot II dsasod ia, aside small from their yearly
earnings suncau 10 cnaDc inal 10 punLaso policy and
thereby mako provision Tor ia" future wants e those
whom whie living they able e6mfraby to support but
who whom the hands that labor Tor them parafc in
death must be- fown their tsnueo 10 keep their
" ones together and save hem from hunger poverty and
There yet another consideration which should commend
this system 30 the favorable attention of every radcr and
rejecting mat IA~ year for instance he may have sufficient
10 purchase small policy hut the next Ia consequence Of
nearly limited The his family leaving only very
ma amount to ho oterUisc dposod Of Nnd suicon 10
OF nbs lam to spare ann aunieiont To rnr
ehase another policy aud thus year year something
may bedone tow de supplying the future wants Of those now
POLICIES WITHOUT PROFITS
Creditor desrous = oe'ne 'crs upon the lives their
debtors other parties obtain them reduced oil
premium without participation In the profits OF the Company
p'r table Those who seek this mode OF securing
dobtcness seldom II take consideration the dv.
bends which hc declared the prcmums their only
u tue death debtor.
All premiums Tor Policies rh0Hi Ipbfs payable cash
POLICIES PAYABLE UPON ARRIVING AT A SrECl
FLED AGI4
Objection Is sometimes made the prncipcs which
Lite Insurance based that Advantages realized
the party paying the premium hui could such be that
upon the payment ui sti small annual premium,
thty would come into os-4an # the insured upon
reaching specified period Of lf when pc Bars
gns night become letNed sickness deprive
them ct the ability labor thu, woul glad 10 embrace the
privileges Of such sYerH nud thereby fund npon
which they might rel, thr day tbeir extremity
70 meet The Newso sash tables aSe been prepared for
single and annual payments which the Trustees commend
the examination OF those no entertain above
expressed
ANNliTIES
II often happens hat pcrsons in of few thou
sand dollars, seeking whereby
they greater income than could he realized from
the ordinary modc Of placing the in stocks bonds
aud mortgages Whereby m uhrntos might be allie
waited aud the comforts of the greatly increased
By puftha ing annuity In suuna aud well managed Cnmpa
y, much Larger be ed than
sale Investment Thus, APPARENT wishes make provision
tor the future want OF daughter who by of
mental iutni} from bodily aii,tiun, be unable to
support Themselves, ad to the of their hu-
siness aged nthcr mother relative placed
tnabe position for thc remainder o their days,
economically provided for whereby the this world
would be lesenod and his aud talents
compishcd than by the purchase OF ilr annuity
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