Burlington weekly free press. [volume] (Burlington, Vt.) 1866-1928, 1868-07-03
iasWanrc.
Mutual BENEFIT
Life Insurance Company
OF NEH.4RK v. J.
Large BEsisr4s aad Small Expenses. IN

sures Success.
Inc Mutual Benefit Life Insurance Co.. is now in
its 9th year % successful business. having over
v1 members insured, and assets amounting o. over
S'o"oeo. It has paid over s7,1O.000 to widows
amt Orphans of deceased policy holders and returned
over $50 ooo0 in dividend, TO its members It has
paid continuous dividend OF 10 per cent longer than
any other companv,-aud this year is paying two
dividends, these declared in 9ld amt is5- of5l per
cent each, ua.ae l0o Ier oeut, 10 the members en-
itlc1 20 She same as their premiums become due
during The year. One hundred per cent dividend is
thing before never heard o. in Life Insurance BUS
mess. The Company has stu large surplus over
and above the amount computed as necessary to
meet al obligations to Policy holders and others.
These enormous returns result from two causes
first a management orfund- 81, iuiieious and care
full that the Company ias asgtr YET last dollar OF
- 4.ies1uszis CEdJ q small per ceHtage Of erBen-
ses on It's entire business. Taking its whole history
together its expenses have averaged less than any
other Company, and much the least for many vears
past The ratio ofexpcnses 70 total income in this
Company is over % per cent less than in the Com
nectcut Mutual, and over 80 per cent less than in
the Mutual Lire OF New York. This COMPANY had
an income last year Of $50 500 - and tho rere7
tage Of expenses saved t2.27 per cent? b., keepip-
It's ratio Of expenses below that Of the Co-neetisr-
Mutual, amounts to the nice little sum Of sll2la5
while the savings by keeping its ratio C.s9 per-
cent below the " Mutual Life amounted last year
TO sit' ,loasd5i and this viii all 20 back with its
o'er surplus funds and savings TO it. policy hold
ers. II the ratio Of expenses in the two COMPANIES
above named had been keptas low last year as in
this they would have saved on their business for the
benefit Of their policy holders during the last wear
the respective sums sI75,3sl.sl, and sgH, SYST.
Very respectable SUNS to be wasted in expenses
These two Companies are selected for comparison
because they are old and large.eompanies. tbeoplv
two in the United States doing business Iar,-pr
than that Of the Mutual Benefit" and hence they
furnish just standard for comparison, though their
arc many companies with which cornDar;s ms v-,,15
show more iavoraoly for the Mutual Benefit. All
Life Insurance Companies in this country are IN
doubtedly safe and secure, but TIC comsauv ,sh;,s
pays the sHaalsstper eeHfage yearly for eryenss. cam
Of course pay the largest diJiaenas and all Connanss
In this country basins they do their calculation,
upon the English Tables with interest at per cent
can of course pay large dividends until the rata Of
S H. sogs uonn 70 per NJ, where dividends
items to ne considered Look well To vour interss,.
ana see mat YOU hold policy liz Company which
keeps tts ratio of expenses low ei4
The Mutual Benefit pays its losses PROMPTLY and
IN case Of death settles all immature dividends with
the policy. WIN
Ittakes on life polices. a note FIR an. bal, 81.
premium when desired. and the note iscanoaled ~,
,he q vdends Al the end Of the third year Its div
iaenas are paid one year sooner than in the Con
nectcut utual, thereby lessening the amount az
interest paid and costs Of Insurance. Vi
ft costs less 70 Insure ia the Mztz1k Bereft yi6.
tts United STATES rv :"
Parties desiring in urance are respectfully reoues-
ted % call upon, or address by MALI the undersirn
ed state Agent Of this Company for Northern Yer
mont who will chesrfully give them all needed in
formation on the subject AZ
CHARLES J. ALGER, Agext
Burlisgtou, VT, June I7th, less xwstf