The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1868-03-17

| KEEP IT BEFORE THE PEopLE-PIgpaosr
LIFE INSURANCE COMPANY OF VIRaIsrA.-A
quarter of million $3.50, ,0o0) Is sent annually
| from the city of Richmond alone to Se,o Yorl
| and Connecticut to pay premiums on Life In.
! surance, and this vast sum is increasing daily,
when there are at this time In our city two
| responsible Virginia Life Insurance Compa-
nies, managed by the best business talent OF
the State, offering to insure policies to our
citizens on all popular plans, and upon terms
more liberal than the northern companies.
Thus it is that Virginia, true to this great
mistake in her past history, impoverishes her
self to enrich others. We do not present these
views in any feeling of sectional hate, but in
the interest of self-preservation. Does one
dime Life Policy euer return except at the
death OF the insured Then the savings or a
,ohole life are sent from poor, impoverished
Virginia to add to the power and prosperity Of
the North; and our city alone sends quarter
Of q million Of dollars annually to the vaults in
Hartford and New York, city. 1t is admit
ted that portion Of this money will be ro-
turned when the insured dies We take plea
sure in granting the full benefit of this view
but the point we present is this: That tho
$3.50, 900 which is sent off annually to compa-
nies in the North, to be invested and loaned o,t
there, should be paid into the treasures of
home cOnlpdnies-should be contributed to the
building up Of our own institutions, kept in
southern circuits, made ayaila BILE for the ac-
commodation of our own merchant IS and farm
ers to help revive the languishing trade Of
our city, and aid the agricultural interests OF
the State. INSURE AT HOME, and the benefits
to yourself and your community will be re-
allied whilst you are iiving, and your family
will reap the reward Of your prudence when
you are taken from them.
THE PIEDMONT LIFE INSURANCE COMPANY OF
VIRGINIA, advertised in the columns of this
paper, is an enterprisi1,g, safe, and liberal COM
pany. 1t has q capital Of 100000, we'll in
vested and secured, and 1t challenges the an
nails of life insurance in this country to in
stance success equal to that which this COM
pany has accomplished in the first five months
of it's organization, having issued during that
time an average of about eighty policies per
month"; and received in premiums IN average
of about Sll 900 per month. The older COM
panies of this continent accomplished In 8 feio
years what this company has accomplished in
q Jelo months.
This success is due, first, to the increased
interest in the subject of Life Insurance;
secondly, to the liberal features of the COM
pany.
It's policies are without restriction on travel
or residence.
1t gives paid-up policy, after one payment,
on the ten year life plan; and after t,oo, on
ordinary life or endowment plans.
1t only requires one-hntr the amount of
premium IN cash during the year.
1t guarantees dividend the second year;
thirty days grace on renewed payments.
1t issues policies on all popular plans, in
Guiding the "return premium plans of the
"Universal." The Piedmont is determined
to adopt any plans Of any northern company,
provided they are safe for the company, In
order TO meet the views of insurers. No
money will go north for life insurance on the
ground of "superior inducements" If the
PIEDMONT can help it. Virginia, and espe.
cially Richmond, should no tonger send money
North for that which she can obtain at home
on more literal terms. Thus the "home fea-
ture'! will be "kept before the people"
without Intentionally provoking controversy
with the excellent and accomplished agents of
northern companies, whom we should be de-
lighted to see operating for the PIEDMONT and
other southern companies which are endea-
voring to give their o,on people the benefit OF
their saungs, even before they die. Agents are
wanted everywhere in the South good COM
missions paid. Applications for policies may
be made to w. l.. HILL, Esq, of Southern
Planter ami Farmer LERoY A. CRESsHAw,
Esq; DR.. I. r PAGE, Medical Examiner; and
TO Major II. &. DEsHIELDs, General Agent.
Office 1915 Main street, nearly opposite the
nOst. office.