The Potter journal. [volume] (Coudersport, Pa.) 1857-1872, 1867-04-02

w ORLD ~ UTC Al LIFE INSURANCE OOM-
pANY OF NEW IoRK.-We have never
seen greater indu ,emeuts held out by q
lie insurance company than those offered
the public iy the World Matual OF New
York. 1t presents al tie features Of any
other reliable company, as well as some not
found in others. The policies are non-for-
feiting, and the premiums demanded are
LolUer than those Of the majority of organ
izationS OF this kind.
The company invites particular attention
to its nm participating rates otPrenoiun',
which are lower than those of any other
company in the world. BY this method
the insurer secures at once the largest pos
sible amount of insurance for a stated sum,
which is never Increased nor decreased dur
ING the continuance of the policy. This
plan IS commended TO those persons of fxe4
income who desire to pay an even sum, and
to secure now the largest insurance thereof
The scale OF premiums being on the aver
age t1geR,yeigAt per cenj, hover than our
participating rates, will secure a policy of
MTty-scven per cent. greater, which is
equivalent to an annual cash dividend of
Mirty-Seven per cent. paid IN adUance, or
to a cash dividend Of fifty per cent at the
end Of five years.
The dividends Of the World Mutual Life
Insurance company will be calculated on
the "COntnbution Pian.,, invented by
Sheppard Homans, ESQ, Actuary, and en-
dorsed by such high authority as Prof w.
II. c. Bartlett, LII. d, of West Point,
By this plan, the dividends of any com
pany preserving a far average of expense
will increase with every year OF the policy
until they may exceed theannual premium,
The insured may apply any Dividend
either to increase the insurance by an ad.
dition 10 bis policy, or may use it as cash
in payment of his annual premium.
BY the former method, the policy annu.
ally increases IN amount while the prem
Ium remains the same. These additions
to the policy are always available as cash
o. tbe payment of any annual premium
aud may lie sufficient, after several pay,
ments, to carry the policy for number oI
years Ii will thus be seen that the sad
djtions' form reserve fund, which may
be drawn npon at any time Of need for the
protection of the policy.
"Ihe distribution Of sunlas according to
the contrib ution Of The policy to form it,
is not only just and equitable, but has the
great advantage of eXtinnuishinp entirely
AL annual premiums when cid age OF
/ changed circumstances may rem Ter it i'm.
possible or difficult to pay them. The
burden of payment being thrown upon the
earlier years Of the insurance, when the in
Sured is best able to meet it, frees the lat
ter years from all effort to sustain the pol
icy; for though the dividends may be mod
crate at first, they will increase with the
age Of the policy until they may equal the
annual premium, and even exceed it.
This result can never be attained in those
Companies which divide the surplus by an
inform per centage on the annual prem
ium; for the payments continue through
life, while the ability or disposition to pay
is constantly decreasing.
Ali pc Icies are non-forfetable after two
years. The Company will grant on sur-
render a paid-up policy, Which will il
many instances, exceed the amount of pre-
miuns paid on the original policy.
Nj. W. MacAarney Of Coudersport, j,
the Agent for Potter County aud is now
Drpp;tred to issue Policies