Daily Davenport Democrat. [volume] (Davenport, Iowa) 1864-1874, 1868-10-03
brooklyn Life Insurance Com
paay, Of New YOrk rk...Smcccooful

IRON tue I. 8. Insurance Gazette Tor April.
II tshJrds US uneq lallcd pleasure TO ret
o.d tho rapid progress and substantial d
vs!oplnsnt made By this young and entei
pr'slog Institution. The company. - ou
readers are aware, wse ereanizsd II The fa
.! 1854. and consequently, q the ciese q
tue laes Gscsl year, Dec. 81. 1867, be-
scaresly been in operation three and bal
years. The number Of new pelieiss issue'
lor the year wss 4,Sls; insurinG e4.U23.
sve. The total premiun n income. $3.50.
2ol interest on investments for the year
$50. 100 total income from oil sources
$ao2. 1882 total assets. $693.5l? amount
paid ~ claims, 125,1ll "a 10 OF expen
ses o. premiu n receipts and interest. V23.
". This is q brisf but very satisfactory
statement Of the progress and devsiopmen
oi the company made during the three ans
haii years 1t has been ir successful opera
ion. aud, Is such, retl cts great credit up
on the prudence and cnorgy displayed by
It's worthy ofii .,rs, and clearly cvlnccs III
eincIency aud success OF their management
The Brooklyn Lie has not only beer
'lest with careful, economical aud judi
cious managsrs, but it has. been remarkably
fortunate win It, ratio Of mortality. Fol
the hrst one ard half years, out OF one
thousand policies, It did not lose . cent BY
death ; for the next two and half years
experience. its ratio Of mo'ts ity Nc, les'
than any other life offi:e in the United
States, and with its increased develop
ment during the three and . haif years sl'
ready expired on Dec 3lst last, the rtcoTd
SHOVE that the ratio Of mortality was still
Ia below the general average. which fac:
goes Tar to prove the care which has been
exercised by the officers, agents and medical
examiners 10 their selection Of risks, . cir
cumsiance which cannot fa'l to tell most
iavoi ably upon the present and future we'll
bslng Of the company.
There is another favorable fe1sure which
oughtnot TO be overlooked in this connsc-
hon, snd one which need only to be duly
appreciated by the public, and that IL the
large average size or value OF its poliole'
., compared with many other companies
Out OF thirty-:wo companies Inc srporatsd,
some Il which were organized as far back
a. lS4o, 1850 and 1851, the Brooklyn Lie
ranks the highest, the average value being
S3,o53, while some are AZ low - 81 ,s34.
This is the more remarkable when Il 10 re-
memiered that all the other companies re-
ierfed 10 may carry 100000 on . single
risk, while tho Brooklyn i, limited to only
$4,000. The inference TO 30 drawn from
this fact %, tnat the company is pa'rcnized
by higher, and, No judge . better class
Of insurants, thereby stiydIng additional
protection to the Wbslc body Of policy hol
ders.
Next to the safsty and security Of : con-
pany, which implies proper rates and judi
cious management comes TO tho considsra-
ton dividends. Everybody nowadays 10
inqu;ring about div v,dends, and solicituds
on this point may b, expected to increase
rather than to diminish with the prog ess
and development Of the practice Of Life
Insurance. How, when and what amount
Of dividends will the company pay il
ole the 6rst inquire, put 10 an officer or
agent BY the apple ant .or insurance. The
directors Of the Brooklyn have csarly and
promptly supplied the answer The divi-
dc ids aas declared on .hc first day Of March
q aual.y, after two annual lremiams have
been received, and e paid a, the third set
enent Of the premiums, and annually
there ter. The earnings arc appoitioned
to tue assured on the famous contrlbltiOn
pan, or ated BY Mr.. Fsckler, actuavy
o ,hs company, and which has been adopt
ed and indo-a.d BY tho highest Insurance
authorities and the Oldest AID best man
-ed companies. No other company has
ps d such large dividends % the assured u
20 early . period sf er The issue Of the pol
ce,. Take one example to illustrate this
point, and enc is - good - . Thousand.
Ee-e is po. = for tie whole term Of life:
, e So, insured in 1864 for $1,000; 81
nnal pre- miums, $lS3 90 ]; dividends decls--
E Sc, 90 nst Pc certags Of premium,
50. When the premiums ere paid in cash
las dividends may be spp.isd TO the dimin-
ltion Of the premiums, or in permanent ad-
iiiors TO the smOu@t insure1. or may Zoe
e with the oompany to accumulate at
b b rate Of inte el,, Aubjectto the order
Of .ae assured Wien loans are outstand-
% they are applied to Tho liquidation Of
..e same.
Among the most liberal privileges grant
"a to be assured, that of freedom OF trav-
.l and res cen )" il certainly the most
prominent. popular ID valuable. The
Brook yn Lie lnsu nee Company has be
% ne ono Of toe ea-liest pioneers in I
ibe-sl re 0 N movement. The policy hoi-
lets may travel or resde where they choose
on the globe, without extra
prem um or written permit. All the trou-
be, anxiety, or expense IS obvisted end Sc
cured by insuring with this company. No
limits are imposed, asd no ex
pre- miums ere exacttd i.om the insured
rLis 10 enc Of the mos, incalculabls be1s-
! ever inferred upon q ie insurance
policy holdes. We trust ,ha. the liberal
ty thus insugurated by the Brooklyn and
!, her Offices will prove - snccessf1l 10 1 .
as beneficial to other patrons.
This libsrality 10 worthy Of commcndatisn,
nd certainly merits success. 1t 10 . fact
,usceptbls Of demo stra,ion, that many Of
. Southern states are more favorable to
ongevitv than the cold, back, changable
Of the Nsrth. The publlshci
mortality statistics Of Georgia clearly illus.
rate this important and interesting point,
The non-iorfeiturs plan has been adopted
ind extended to oil kinds and descriptions
If poicss issued BY the company. on
shlch two annual premiums have been
,, id in cash. The adoption OF such . plan
X meves entirely all apprehensions and
niseiving respecting the unforeseen dan.
re . and trouble Of the future. Al, apol-
NV 70 non compliance with the claims OF
,. IL and children 10 entirely removed, and
,hs thoughtful, eonsiderate husband and
arsnt 10 left without ssmblancs to for
nss .sct;ng and longer to insure his life.
In conclus, On. the Brooklyn Life Insur-
lncs Company has made its mark the
posit on aimed q the time Of ito oreanisa-
| o. has bee early at:a:ned Is plans Of
ars based On the NEST secure
| ID libe-ai principles its expe ience and
dsvelopms i lave eciip "a many of IL
q npetitors tho ma .sgement Of it, a.
Ara have been conducted With exemplary
prudence and skill the directors are gen
4 lemen Of we'll known repu. atisn and res
; the officers experienced, zeal
ous. discreet a,d watchfu, the agents are
in .elligent, aeti,s and aggressive; i's
position 10 strong and business
and for the = s.sous Ne take
.srsas pleasure in recommend NJ the com :
D,py 10 the liberal patronage Of the public.
The o6icsrs are Chr sian w. Bouck ESQ,
President Wn. n. Cole, ESQ.,, Secretary,
Dau'l Ayses, n. D., SI.L. D., Medical Ex.
aminsr ffices. No. l5l Breadwsy, New
York, and l59 Montague street. Brooklyn
N. Thomas, Gsnsrsl Agent for Iowa. Of.
fics adjoining The Davsoport National
Bank, Davenport. Isws.
VIZ kuow that there are many who seof
/ laugh at, aud who des:gne:e every ad-