The Union and journal. [volume] (Biddeford, Me.) 1858-1882, 1868-12-18
Return Premium Plan of the Untrersa
Life Insurance Co.


Life Insurance Co.
Tho wonderful advance that has been made
during the past ten. years In the science and
practice of Life Insurance Is no moro due to the
energy Of the agents and the executive capacity
of the managers Of Life Insurance corporations
than to the inventive and practical genius Of
those who have ever been busy In bsnishing
from the system the illiberal practices peculiar
10 its previous history, and in devising new
plans both in methods Of payment and forms Of
policies which have rendered It moro desirable
and attractive to the public.
Prominent among these stands the Return
Premium plan, which was originated and first
carried into effect by the Universal Life Of New
York. Its abundant success has set upon II the
seal Of approval, and now that the Universal,
leading the way, has demonstrated BY success
that the plan possesses real superiority and
meets the demands and wants Of the public,
ether companies, quick to discern the one and
avail themselves Of knowledge Of the other,
have endorsed Its claim to substantial advan-
6ges by adopting n . prominent feature the
Return Premium plan.
What II offers Is indicated by Its name, for II
a guaranteed In It's policies that In addition To
the payment Of the sum insured, all premiums
Maid to the company shall be returned At the
death of the person whose life was insured; %
that the policy Is obtained and kept In force by
the temporary deposit with the company Of the
amount Of the annual premium.
This form Of policy Is especially desirable q
an investment, for every dollar paid - premi-
um, not only keeps the policy In force, but adds
one dollar to IT, or In other words, there q guar
sntoed In the contract reversionary dividend
Of one hundred per cent. Of all nremiums paid.
A circular upon the "Return Premium Plan
a an Investment" has been lately issued BY the
Universal Life, and plainly sets forth its advan-
taeeous character. In one Of the comparisons
with six per cent compound interest invest
uent In Savings Bank, Il shows that person
thirty -four years old. BY a single dtposit IN ne
Uaivsrsal lDt, secures such Favorable fnan-
eisI results az could Be o6taised through n<
Sarings Bank, only By t,penty-six siniiar de-
,osits, and he certainly Of Hiring q quarter
6 century longer. When NO consider that
On the ordinary life plan, the Return Premium
policies arc oa5o1ftiiabIe aftsr two annual
fnyments; that they Oder thee advantages q
raies of premium, such - are generally charged
by mutual companies for ordinary policies that
on the Ten Year plan, the rates, In addition 70
hing upon the average lower than the mutual
rrtes, win not only secure, in cae Of discontin-
ned premiums, the prpportiouate amount Of the
policy usual under this system, bat also Sinh
lar proportion Of tho premiums paid up 70 the
time Of discoutinusnoe that the whole Contract
4 plain, Straightforward and honest, % that u
4 almost impossible any misrepresentation
could b made or Misunderstanding sriss and
that ths security Of The policyholdsrs = made
undoubted By the largs ratio q accumulated A.
ssts 10 liabilities, We must admit that The UNI
yrrsal Liz Offers - desirable and perfect con.
trses - can wsll be dons IN In insurancs and
smlnsutly deserves The success Il has WON
Usiervritsr's Cireslsr. -