The national Republican. [volume] (Washington City [D.C.]) 1866-1870, 1869-12-07

The practice Of life assurance 10 rapidly be.
coming more and more general s Its ptin-
oipies are better explained and understood.
The desire 10 accumulate a competency for
those who look TO Us for thew support 10 uni.
versal, and In the chances and changes which
attend us 10 all kinds Of business, we are con.
tinuAlly forced to contemplate that event
which 10 sure TO come 10 US ahsooner or later.
We are thus led to consider the only sure
way OF providing for the great change which
will come upon our nosr friends when we are
removed from and can no logger provide for
them. A policy Of life Insurance 10 now re.
cognifed as the necessity of every prudent
man. No one denies this. The protection
which the laws OF the state OF New York
throws around the holder OF policy OF insur.
anee issued by any company organized under
their provisions is such a. TO render every
policy issued by such = company absolutely
secure.
The managers of the Excelsior Life Insur.
auos Company have eniesvorod to extend to
its poliey-holders ali the really desirable
advantages which any company has adopted
Its policies are non forfeitlng; II allows Its
insured to travel or reside In the healthy parts
| OF the world thirty days grace are allowed
for payment OF renewal premiums, its policy
| holders participate In its proats; none but
healthy lives are insured, and every facility
which prudent management will allow IL
extended to its assured to enable them 10
receive the full benefit OF their premiums
paid.
In addition to all these attractive features
OF Its mauagemsnt, this company Offers to its
policy holders who pay their entire premiums
In cash, = privilege which has never been
l - - 49,. nal .NN
vertinE policies into snnuities after the pay
| mont ofnve or moro annual premiums, The
Grest benent OF this provision 10 Its policies
! will sppear when we consider that In many
! eases II is found after the lapse OF years that
II 10 desirable TO the assured to avail himself
10 life OF the value OF his policy. He keeps
his life insurance In force just As long as he
nnds It desirable, and then can avail himself
of an income which his policy will produce
The precise surrender value OF his policy Is
endorsed at Its issue, and whenever, after the
lapse OF years, he wishes to cease paying his
premiums, the company may he called upon
to pay him the vslue OF his policy in regular
installments for dehnite period. The accu
mutations Of years are thus realized At 4 time
when ho may have no other means of support
He 10 not obliged to accept for his policy what
the company might choose to pay, but he can
demand what 1t has agreed to pay.
After payment OF Ave annual premiums,
upon the surrender Of the policy the company
will Issue its snnuity bond for ave years; after
ten or more payments the annuity viii be paid
for ten years
No other equally Just and liberal provision
has yet been devised and offered TO the public.
lts merits have commanded the approval Of
many of the leading insurance and financial
journals and writer's OF this country and Eng.
land. Its Justice and liber.lIty will be made
apparent to every person who will study aud
who understands the principles Of life Insur.
ance.
The advantages offered by this company In
this new plan may be cpitomiIed by the re.
mark that the insured has the benefit Of his
life Insurance just so long a, he desires such
benefit, and thcn he receives the net value OF
his premiums in definite, and In many ease.,
large income.
Thoughtful and experienced minds have ex
smined and commended this entirely nov
feature 10 life Insurance, and many OF our
| leading citizens are large policy holders IL
'his y";--s sna vigorous company, for which
our weil'known townsmen, A. s, Pratt h son
are general agents In this District.