Burlington weekly free press. [volume] (Burlington, Vt.) 1866-1928, 1868-07-24
,ansuranrC.
MUTUAL BENEFIT
Life Insurance Company
,anSurancG.
Large Business and Small Expenses, In
suras

or Ne Ii-fRh " J.
Large Business and Small Expenses, In
>ure> Success.
.le Mutual Benefit Life Insurance c.. Is now 10
q. 18th year of successful business having over o-
HI members insured and assets amounting 20 over
.-.uaolo It has paid over :1.o0.eD to widows
aad Orphans Of deceased policy holders and returned
over s6.Oo.o0j in dividends TO its members It has
paid continuous dividend Of 30 per cent longer than
any other company, and Ills year Is paying two
,ilends those declared in l,5f and ls6- Of 80 per
INT each, making 100 per cent, TO ths members en-
Tiled TO the same as their premiums become due
urin- the year one hundred per cent dividend is
l thing before never heard Of in Life Insurance Bus
.,.. The Company has still large surplus over
and above the amount computed rs necessary 10
meet all obligations to Policy holders and others
These enormous returns result from two causes
Gr,t) @ management of funds so judicious and care
mI that the Company has Herc get lost dollar Of
io-utestusuts. end a small per- csHtags Of erPen-
o., on its entire business. Taking it, whole history
together it, expenses have averaged less than any
o cr Company. and much the least, for many years
past The ratio ofexpenses to total income in this
Company. is over d per cent lass than in the Con
ucctcut Mutual and over % per cent less than in
The Mutual Life Of New York. This Company had
au income last year Of 93a S925 and the per CEN
ti-c Of expenses saved OBJ per cent? by keeping
Is ratio Of experses below that Of the Connecticut
Mutual, amounc to the nice little sum Of sIl2I35
while the savings by keeping its ratio C}.39 per-
c.uu below the Mutual Life :" amounted last year
t. sIC- 46lg}; and this VIII all 90 back with its
ether surplus funds and savings to its policy hold
cr-. 1.-THE ratio Of expenses in the two Companies
a,ove named had been keptas low last year as in
lis they would have saved on their business for tn
benefit Of their policy holders during the last year
the respective sums sl75,39l.9l, and S3}l ,55S4l.
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 a 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 favorably for the Mutual Benefit All /
Life Insurance Companies in this country are un
doubtedly safe and secure, bat the Company uhic. /
p"y' the snaesfPer eeRtage yearly for expenses can
Of course pay the largest dirdeHd and all Companies
in this country basing they do their calculations
l'u the English rabies 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 essentia
tens to be considered. Look well to your interests
and see that you hold policy il a Company which
sccps its ratio of expenses low
The Mutual Benefit pays its losses promptly and
In case of death settles all immature dividends with
The policy.
II takes, on life policies, a note for one half the
premium when desired, and the note is Cancelled by
the dividends at the end Of the third year Its div
dends are paid one year sooner than in the {" Con-
lecticut Mutual" thereby lesseRng the amount of
interest paid and costs Of Insurance.
II costs less 10 Insure in the Mutual BENEFIT LII,
Insurance Company" than in any other Company IN
he United States.
Parties desiring insurance are respectfully reaues
ed to call upon, or address by mall the undersign-
ID, State Agent of this Company for Northern Yer
mont, who will eheerfully give them all needed in
ormation on the subject.
CHARLES j. ALGER, Agent
Burlington, VT. June Eth. 1865 d&wtf