Burlington weekly free press. [volume] (Burlington, Vt.) 1866-1928, 1868-07-10
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.a3 MUTUAL BENEFIT
Life Insurance Company

OF .NEUARK N j. &.

Large Business and Small Expenses. In
sures Success.
The Mutual Benefit Life Insurance Co, is now IN
its 2ith year of successful business having over D.
600 members insured, and assets amounting to over
sI5eOa.o10. II has paid over 100000 to widows
and Orphans of deceased policy holders, and returned
over 500 O,coo in dividends to is members II has
paid continuous dividend Of 80 per cent longer than
any other conipanv,-and this year is paying two
dividends those declared in 1856 and 1867, Of 80 per
cent each making 100 per cent, to the members en-
titled to the same as their premiums become que
during the year One hundred per cent dividend is
thing before never heard of in Life Insurance Bus
iness. The Company has still large surplus over
and above the amount computed as necessary to
meet all obligations to Policy holders and others.
These enormous returns result from two causes
first) management of funds so judicious and care
full that the Company has get lost dollar Of
its inrestmsnfs (2nd) small per cenfage Of erPen-
SEES on its entire business Taking its whole history
together its expenses have averaged less than any
other Company, and much the least, for many years
past. The ratio of expenses to total income in this
Company, is q per cent Tess than in the Con-
necticut Mutual, and 81 per cent less than in
the Mutual Life Of New York. This Company had
income last year of 81 93e s922, and the per CEN
tage of expenses saved C2.27 per cent? by keeping
its ratio of expenses below that of the Connecticut
Mutual amounts to the nice little of sll2, l3j.
while the savings.by keeping its ratio C.3s per-
cent? below the Mutual Life, amounted last year
to sIe7, 4e233 and this will all 90 back with its
other surplus funds and savings to its policy hold
above named had been kept as low last year as in
this they would have saved on their business for the
benefit of their policy holders during the last year
the respective sl75,39l.9l, and s33l ,55s. A.
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 favorably for the Mutual Benefit. All
Life Insurance Companies in this country are un
doubtedly safe and secure, bit the Company uhieh
pays the saesfPer eentage yearly for expenses can
Of course pay the largest diridends and all Companies
in this country basing as they do their calculations
upon 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 essential
items TO be considered Look well to your interests
and see that you hold policy il 4 Company which
keeps its ratio of expenses low.
The Mutual Benefit pays its losses promptly ana
in case of death settles all immature dividends with
the policy.
1t takes on life policies. note for one half the
premium when desired, and the note Is Cancelled by
the dividends the end Of the third year. Its div
idends are paid year sooner than in the Con-
necticut Mutual" thereby lessening the amount OF
interest paid and costs Of Insurance.
IL costs less 10 Insure IN the " Mutual BeHcf LIFE
Insurance Company than IN any other Company an
the United States.
Parties desiring insurance respectfully reques-
ted 10 call upon or address by mail the undersign
ed, State gent of this Company for Northern YER
mont who will cheerfully give them all needed in
formation on the subject.
CHARLES J. ALGER, Agent
Burlington. VT, June 18th. ls6s. d6wd