The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1864-09-16
sPEcIAL NOTICES.
Life Insurance Card.
Tho undersigned, having been led into more thor
,uch investigation Of the

ouch investigation of the
Mutual Benefit Life Assurance System.
NV the aid of later reports aud ce;al docamenfs of
the highest character, from Com mlsonels appoint
ed and paid BY the states OF New York and Masse-
wholly dsintsresfed-haa at length
ntsu TO take the General Agency and ouperin-
Tendance OF that Institution for the state Of Maine,
with bureau tor rortlandst
No. Exchange Street,
ON the same COR and In the same building SO long
occupied by Mr.. John Neal their representative
By aoeepting this Agency. the undersigned is
Obliged to Iorego that OF the New iork Lac assras
of .uecess for the last two years But MS JusAnss.
tion IL, that he cannot serve two masters ;-shst
where systems and results differ in hat 80 deeply
concerns the people Of Maine. he can only recon-
mend what he believes to be the best and his rea-
sons, he thinks, choosing to make this enange,
his friends with parties insured by him and with all
OF business foresight and calculate IN, VINO may
choose to run their eye over the following items
carefully compiled from the latest ofciai reports Oh
Net Surplus or
Gross Total Amt Amt assets over
assets Insured all liabilities
Ny. Life 3,so5,sss,s4 1916. lSo sl7o22,75
Income from Lossb Expenses
Int. 1858 death 1868 1853
n. NY Z. Life iss.s5i,1s ass,sso a25.7sl.s4
The same Report gives the Ratio of Expenses to
Receipts in the New York Lite at 80 per cent great
er than in tho Mutual BENEFIT
The real difference Of cost to thu assured is shown
In the AZ nuai dividends returned premiums, " hch
are here given tor the last Ave years.
1860 1861 1852 1861 1864
Nut Bent Is Or As pr 80 pr OF 30 pr ct 50 CT
n r. Life 81 pr CT 90 pr ct 30 pr ct IS pr ct los pr ct
Another essential item 10 be considered in this
connection IL the fact that the Mutual Benefit al
ways pays its dividends in Jssf JoIr yesrs from the
the n. Y. Life averages six and half years-thi.
differences of time in favor Of the Mutual BENEFIT VIII
bring fifty per cent dividend at simple lnterest pp
to ify sud half at the time when 1t will be
due from the other Company. Thus Il Is seen that
the actual difference in dividends Is as 81 IL 70 81. OF
evs Us 500 premium paid &c snsass IN the Mutual
Benefit than in the New York. The same is true, in
fact, in comparing the Mutua, Benefit with Asst 9TH
Ihese facts are given because the discovery ofthem
were the sole cause Of the change in my relations to
the two companies
Mutual Benefit Life Insurance Co.
Portland, Sept. 1854.
To Whom II May Concern.
/ Amer introducing the Manual Benefit Life Assur.
| dace system to the people of Maine. and acting a
/ General a gent for tbs STATE nearly twenty years
being unable to attend 10 the business out OF Port
land, aud general agent fitted for the trust requr
ing to have hs hare 10 the CITY, arrange
msnts hays been made to transfer the General Agen
| cy of the State, together with all my cases, to Mr.
! Warren Sparrow, formerly agent OF the New rori
4 Life, with whom, it may BE- remembered that had |
controversy Ia the newspapers not long ago touch
ing respective merits Of tho two systems the
suit Of which has been the entire conviction Of Mr.
sparrow ~ to the soundnsss OF my position. follow
cd BY the surrender Of his Agency In the New ori
Life, as . large pecuniary sacrifice.
I have now Only to add. later commanding Mr.
Sparrow to per-GRsi friend and to the public II
general. as pre-eminenty sttsd for the businessl
that all have written said Of the advantages
/ to be found In the Mutual Benefit Life Assgranc,
/ sysiem orer every other, at honss abroad, nov
reafrm and would do In still stronger Ian qua 4,
ii supposed Il necessary But the foreg oin sum
mary 81 results complied ffom fhcal reports Of tn
highest character VII b. sufcent am sure, to sat
! isfy all iDQeirers.
Portland, Sept. 8, 1864. JOHN NEAL.