Delaware tribune. [volume] (Wilmington, Del.) 1867-1877, 1868-08-27
sOa West Front ST., W lniugto
The National Life Insurance Company

The National Life Insurance Company.
The National Life Insurance Company. chartered
at ths last session, and starting in business with
paid-up cash capital ofone million of dollars, will do
much to change the whole system Of Life Insurance
in America. Hitherto. with few exceptions, our
companies have been organized on the mutual plan,
by which the insured is obliged to pay premium
much greater than the cost Of insurance In the expec
tation Of receiving an uncertain dividend at some
future time. The principle 10 one high premiums
and speculative advantages and to the disappoint-
ment which the polcyholder often meets may be as
cribed the small per centage OF insurance in proper
ton to our population. High premiums make it diff
icut for the poor to obtain the benefits Of life
insurance, which he Of all others sh,ud have in ca
~ reach Statistics show that not than three
hundred Thousand lives are insured in the United
States that is but one life in hundred Yet the ad-
vaHtages Of the system to society great, that
in three years Ito business should be doubled; to do
this, its principles mast be made universally plain,
above all, 1t must be In the power Of every man to
protect his family by the payment Of low annual
premium. with the knowledge that he has made
This result the establishment Of the National Life
Company VII obtain In ne fs IT, scess
that Of the character Of its managers, many Of whom
arc men who stand foremost In american finances.
by charging rates far Below those OF the mutual COM
panIes 1t gives every insured person the largest
p9ebDle amount OF insurance lOf inc
premium, and every policy holder knsws precisely
what he 10 to pay what he Is to receive, and no mar
GIN whatever Is left for doubt or Misunderstanding
Doing business in this way, tho National Life Insnr-
ance Company must become popular throughout the
country, and 1t is only necessary that II should be ui-
dersts0d to command the confidence OF the people.
But in addition to there. It has other claims upon
tbs public trust aud features which arc entirely new,
and as sound a. they are orgns TSs hr gst q these
miums paid to the Company will be returned at the
death OF tho person whose life is inrsred That isifa
paying an annual premium Of ss51sO, snd shonld die
In the first year, the Nsonal Lille Insurance Compa-
would hi A ELL ~ % Tns cmgan
It receives. No matter how Icing the policy-hsder
may live, or how large the amount Of his premiums.
years bis policy would be Increased on this plan,
is $780, leaking It worth $4,000 In fact, he gets his
1911 on III n
and one equally sound and beneficial s the lncsme-
Prod icing plan, which is eatire'y original with this
/ Company The person no takes policy OF 81 200
on msthsd secures life insurance for $1,000. paya
BILE at lis DEATH hut In addtop 10 this he will receive
sS end
ofhis life. To show the beautiful workings OF this
plan, let suppose that A. b, ahnrdworking young
man of thirty, In mode ae circumstances nsnres his
life for 81 900. with stipulation that the annuity ~
to commence in twenty years. He pays $3.50 yearly
not only paid up in MILL bu. he will thenceforth re-
| ceive one hudred dollars annually from the Company:
BY few hundred dsllars, pad in this way Ia small
installilents any one may secure an income Tor his
We are tsnvinced that the ESTABLISHMENT Of such a
secure basis as that Of the National Life Insurance
Company, must 10 the means OF doing incaculnble
q the duty Of the poor and We trust thai these new
and great principles Introduced into the American
system, will not want the thoughtful consideration Of
every ono Of our readers
sx- Ths place to go II you want boots and shoe
that will wear Is Nicholson q Foulks No. 1Os West