Burlington weekly free press. [volume] (Burlington, Vt.) 1866-1928, 1868-07-31
snSurlnce.
MUTUAL BENEFIT
Life Insurance Company
OF N'EU-fRK " J.
Large Business and Small Expenses. In
Surps Suegps-.

Large Business and Small Expenses In
>ureS Success.
The Mutual Benefit Life Insurance Co.,, is now Iu
its 3it year of successful business. having over Boz
ooo members insured. and assets amounting t. over
sI5,oooo. Ihas paid over s-.p0oro 20 widows
and Orphans OF deceased policy holders and returned
over s6oooa1 lu dividends TO is m-.saels- 10 Las
paid Continuous dividend oi I'D per cent longer than
any other company. -auI this year j. paying two
dividends, those declared iu is and i-d-- Of 20 per
cent each. making loo per cont TO the members en-
titled To- The slma as their premiums become due
during the year One hundred per cent dividend is
thing before never heard ofiu Life Insurance Bus
iness. The Company has st.ll large surplus over
and above the amount computed as necessary 20
meet all obligations 20 Policy holders and others.
These enormous returns result from two causes
frst1 "a management Of funds SO iudicous and care
ful that the Company ha, uersr gst llsi dollar Of
is-lHrsstmeHt, Dlud1 q small per esafage Of srpe"
ses on its entire business Taking is whole history
together its expense. have averaged less than any
other Company, and much the least for many years
past The ratio ofexpouses to total income in this
Company, is over d per cent iess than in the Con
necticut Mutual, and over 81 per cent less than in
the Mutual Life Of New York. This Company had
income last year of al9, -922 and the per cen
ta-e ofexpenscs saved ,1.17 per cent? by keeping
its ratio Of expenses below that Of the Connecticut
Alutunl amounts to the nice little sum Of tlI2l35
1 while the savings by keeping its ratio 3.l9 per
cent below the " Mutual Life, amounted last year
to sIC7, 4G333. and this will all go back with its
other surplus funds and savings to is policy hold
ers 1.-THE ratio OF expenses in the two Companies
above named had been keptas low last year As in
his they would have saved on their business for th
benefit Of their policy holders during the last year
the respective sums sl75,3al.9I, and s.3l,55s.if
Very respectable sums to be wasted in expenses
These two Companies are selected for comparison
because they are old and large.companies, the only
two in the United States doing business larger
than that Of the " Mutual Benefit" and hence they
furnish just standard for comparison, though their
are many companies with which comparisons would
show more favorahly for the Mutual Benefit. All
Life Insurance Companies in this country are IN
doubtedly safe and secure, but the Company rhie-
pays the smaestper eeHtage yearly for erpsses can
Of course pay the largest dirdeHds and all Companies
in this country basing they do their calculations
nupo the English Tables with interest at per cent
can Of course pay large dividends until the rate Of
interest goes down to per cent, where DIVIDENDS
would nearly cease Expenses then are the essentla
items to be considered Look well TO your interests
and see that you hold policy il Company when
keeps its ratio of expenses low
The Mutual Benefit pays its losses promptly and
in case death settles all immature dividends with
the policy.
1t takes, on life policies, note for one half the
premium when desired, and the note scanceled by
the dividends at the end Of the third year Its div
idends are paid one year sooner than in the Con
necticut Mutual, thereby lessening the amount Of
interest paid and costs ofInsurance.
II costs less TO Insure in the Mutual Benefit Life
Insurance Company" than in any other Company in
/ the United States.
Parties desiring insurance are respectfully reques
ted to call upon, or address by mail, the undersgn-
/ ed State Agent of this Company for Northern Yer
mont who will cheerfully give them all needed in.
formation on the subject.
CHARLES ]. ALGER, Agent
! Burlington. Vt. June nth 1865. d&wtf