, 1869-10-31
Comparison Of tho securiticz Of Iifa
1usurnn CO in Amorica and England.

LIZ AGNSAA t4AA4E " hAV AAiVS4t 4a4E kA34lA4tV
Com5sn5, Of England, has not only eaased seveze
and wide dssmay In tnas country, but hsa been
made the occasion Of much unfnendly comment,
and mar, unlounded predictions Of disaster con.
ccrniER the fuinre Of our American companies.
The company waB established as long ago Us 1898,
under the tile OF the Free Aason's aud General
Life AksIr.Ice, Lean, annuity, aua RevesttonasI
Insurance Company. In December 1919, tho title
VIA changed TO the Albert Life Assurance COM
pany.
The nominal capital was cs0o, 900, OF which
.fl7s,o1l had been pail up at various lines Fer
utoIe than thssy ycAzs the campaus has sppesEed
10 prosper: ~ dltectorT comprised nen Of the
-nrBt position: lis agencies e1Seaded throughout
The United Kingdom. from England to 1nta; Its
atEual income ~ ro less than f3s9 G6l. II Ii no
wonder that fte collapse Of sucn an Institution
caUse1 the widest confederation AMI n1ar1n, not
cotoneh alonc to those directly Interested. VINO
arc no ess than g Isl policy eo.ets and itrtE de-
penoentsL but extending to every u1u vino eitnar
mas his GFn lie Insured or noids Insurance upo1
the slfe Of another.
But It Is without good rfason that thit disaster
shochs 1etud'ce the htapd.rE z Of our own life ia-
surauce COZ panses. or Create frelluR os inseeN-
the sotEenCy uf those cbmp,Dies the future pro-
vision Of their families, or their owu support In
sss,asg Jeats. kI9 q. .e pr.pose e ast forth,
IN cen the Somtnistra,ion Of the Albert Life In
surzuce Company and that OF our American lie
companies, and The .ond reasoas Th1 the inter
arc exempt from kRch disaster - has oreIt&ken
the icr1ner. $3.50
In lne nrst plaee. the ALBERT Life In'urance
method By y htch life insurance proceeds. The
el.:nss* u llt insurance consists sl9,p!y IL the
| The hu{cr, VITO "a called Tho Insured iIo* much
II will have 10 paT, the company issuing she polt-
Or a .se J. asua9 e paI I'll i: e.: 1
/ rus ruth Il Will receive meantime arc matters
Which. in ne case d sse6 individual lasursi. tic
elongn IN premiums 70 tnat, careIuilY nusbluieti
Interest. .he5 viii equal tho smount which
time that il fas dne, The company i saie, aad, Il
honestly conducted. IT, tasuret EaJ seat secure Of
receiving the!I tnsas4nceA The n1uocr ot psy-
date At which ia own liability will MATURE beln9.
| ID each cs4e, quite uEcerrAip. how ran it or st4
pstson. tnow ,nas IT Il 'rscst1ing enough to nees
Fortunately, what IS quite uucerta,u IN .ndivll1-
| Il ca4t8 Is quite certain Regarding multitude.
Whether the letter which Iou mail to-day viii t&:i
% omeisls Eegussree, y = chance ~hisn, saau u
| or XYt&t, dtne1 Ill measurement Of calculation.
IT, q hs
which Ntlso tasl eau be exscilJ calculated. aad
the chance Of AM one Of tteu reaching its destna
tiqn pfesise5 M s aets1msnsa: ,Sa ,,.. and m,
any one OF them Will fail 10 quite beyond tusnnu
| ken 10 determine; but What percentage Of then
ana eneuee eaa i Ct
xeainst eact life IN my given Jeaf; tue recoftiet
| expetiepee of many ccnfuffea Aun man1 Localities
enabled u 70 determine win As'ontimos accn'
Tue ALERT Life Insurance Cusnpauy IA not fsi
Of ef q M sat
Cd, and iu receipts. II they had bosR psadenuy
Is 1re!ttseis as@.aa: nsoa ,.!s1s, ;ssa e; r,
! tnto1J which eenaan uasssS nAse osSssae1s sa*, =
"n ,sa tIas9E tE1SqEa Il .sss 1 5s.r
Ienfs 10 lest tie strcrgtu Of life !os1Faaee cou.
patJ-snat il Is only uns!l tbe ~ " aesso !ean q
iam;ne." Ia which tbc out1of" lot !osbea e1ctfta
; tne iEeone nun prenlun,A n.ve cong apoo =
| company, thai IT. isE1e standing Is fsFeasea-1
"a n tase ne easea q
| premiuEs, and each polcJ. .no!ae5 pa5s mUsr u,
he cartier years Of his policy tnaa xaS euIfsot I,t
Sos1 et neh P's sae sy:dtnt ascs q ,ne cuFfrnt
premiums In the skser le7Ss o. tne Pouc1
1 made up 51s, ~ .oe eo9el ssa o1
rsods nf each tesotus,on. 70 cafIJ the machinery
J through thcse ,nteEiHs .nea re enzine 4 %
; | her 'cen'1tA anu sae A'eaa1 eAe1'9 Nv 'e4se a
II this critical period has been anticipated IN III.
: ,nnraarr.cu and Investments of \ HE lnsusanct
cCnnsnf a. we'll IN the construction of Is pre.
. ! m1um tables, there Is TO more aanReI then ta4I
=; ny earlier tine ia - histoTy II reserve powe
cd as 10 the middle Of the stote
I iusf Ht3E nlE 1A3N01@lC 4lQc13 llOtN &4QQ1
eYerJ other tnaneisl Institution auaong nen-u
| he reed Of acenmufa&sng thts reserve
| Large ard liberal As HaJ ne the uuilAy d
| rlys, deatls are comparatively rare, ana f4ta
e4f1araeanee Of expenditure does not revea
| tieef In failure 10 EJECT maturing cia,uA tn
| y.fat oaest!ou Is not, can the company pay 4.
ioMes Of to-day, but u tt sufficiently prortdtn
: sraiust the ipcIeaAtn8 loasea Of the future. Tn
tape data which eaab;ts us to cs1cula.e tna prop
. | tx PREMIUM gives us The measure Of thoee I1tur
ltab4lttaes- Knowing IA wrzt constantly tncreas
| iLg ratio 4 gren number OF Insured Will de- an
. | assuming thai four or four aud one-baH per cen
| in1ete1t Will certainly he realized Upon the II
vestDenta Of the company, we Can weigh VITA u
utMoss precision the buEden ihAt vii 1aH opo
: the COMPANY II auy certain time, and defefCatn
. | It'd ability 10 meet IT. In other words. kuowtn
: When III promises to pay viii mature. We can ca
| Culaie their present value. and 80 aAcestai
| whether that pre-eut tAtre exceeds The preSel
retoutrts ct the company or not.
That this calculation may be made py compete!
: authotlty, and thai eYery rosscJ hatdet may kno
= the tiandiLR Of tie company IN winch he .
sured, and lts ability to meet It's ohltRattonA pre-
= ent and prospective, the state Of Aaasschusett
: Nhose action n the premises has s1nce been fo
7 lowed bf the s atfs OF New To1k, Ohio. ntnoi
Missouri md Calilotnla, enacted = Law cscastE
the cf1ce OF N insurance Superintendent, vi
AAa no connection with, Ct tatereas In. sny 1nsu
Aztec company, AHd who Is held II E1{1ciEnt bon'
r for the faithful performance Of Ats d1t1ea
company cAn commence bo41ne38 iQ the 8ta1
!. whether ch7rtefad toero ar el-ewhcfe, w1tno
sunun.u,g tt5 an1ta ~ bis ,0sPeetiQn, AID reeet