The Middlebury register. [volume] (Middlebury, Vt.) 1850-1882, 1869-03-09
Life Assurance.

Assurance is every year becoming more and more
popular with the American people. Every sound
Life Assurance Company is now regarded by the
best and wsest men, as a benevolent institution.
At this day, no good business man questions
the vast Importance, the absolute advantages o :,
Life Assurance.
1t Is now al.out two hundred years, since inves-
LEGATIONS were instituted in Europe for the pur-
pose of ascertaining the duration Of life from
different ages, as basis for Life Assurance.
WHEN AND BY WHOM LIFE ASSURANCE ORIGINATED
The first public office for insuring lives origina-
ted with a clergyman for the benefit Of the widows
Of clergymen and others. and for the settling of
jontures and annuiiies. This was the Rev.
william Anhote, d. D., Of Middleton, in Lanca-
shire England. The first institution was entitled
Mercer's Company, in 1893
One year later-in 1899, another company was
formed carving in its very name its purpose. 1t
was called, ''The Society OF Assurance for Widows
and Orphans" After this, Companies began 10
Increase, and others bctan to profit ly the humane
and wise forc.i:ht Of this phillnthropc man.
Thousands Of men women aud children TO this
day gratefully remember the noble deeds and
wise provisions, insuIuratel by this sensible
clergyman.
AMOUNT OF LIFi. ASSURANCE IN ENGLAND.
No lss, than twelve hundred (3l2J0, OO0GoO)
Millions of Dollars have been invested in policies
in England, showing something of the confidence
In these institutions, where they have have been
longest and best known; and he experience
acquired by them, has adcd in perircting the basis
of assurance, until now, the average length of life
Is ascertniped with very great accuracy. well
conducted Company is deemed one Of the most
reliable Institutions in the Commercial world,
There is row one hundred Companies in
Englan and continental Europe and some of them
are than one hundred an d sixtv years Of age.
One Company, originated in 1852 has paid more
than 800 600. 90, to its policy-holders, and has
now a fund ofs Ia, ,OeO, 900 for future claimants.
The amount OF insurance upon lives in this
country at the present time is something over
$1,000, 0O0,OO0 which amount is constantly increa
sing the principles of life assurance beome bet
Country began its benevolent work in lSi5. Its
moruary list Low numbers ever 1000 per ons-
deceased policy y-hodels. The amount paid to
these caiments is counted by Millions of Dollars.
and it has at risk in its regular legitimate business
en- lives insured, amount Of money nearly
equal to one twelfth Of the whole national debt
of the United States-viz. S205 600 soO. During
A. Z,
nsuring over $50 0Os 900. Its net assets are now
nearly $50, ,000, 900 Since the Mutual Life IIsu.
| ance Company OF New York has been working out
so ma ked n success, more than forty other lead
Ing Companies have been organized, ard grown
to vast proportions Tie receipts of the Mutual
| Benefit Life Insurance Company, during the last
twelve months, are considerably over s5, 200, 900
| and its total assets now amount to over 10 400,
900, Many other Companies Of less years. have
attained post OF honor among the lest corpora
tons Of its class in the country. Among these
considering its age it is proper to say, that for
vigorous and rapid growth, wise and prudent
management und increasing popularity and favor
the Homeopathic Mutual stands to-day, without
a rival.
| SECURITY ALLOWED by LIFE ASSURANCE.
| 1t is authoratlvely and credi}ly statel--tha,
no instance has occurred in our Country, " hich a
Life Assurance Company has failed to meet all its
obligations. Surrounded and guarded as the bust
ness is, under the laws of nearly all the States by
legal instructions Of the most stringent character
as to the valuations of policies and the manner ol
investment, they may wen be classed among tho
very safest monied institutions in the land. There
is nothing says Professor d. Morgan-in the COM
mercal world which approaches ever remotely to
the security ofa well established and prudently
managed Life Assurance Company.
Elizur Wright, the Prince of these Instuti N g.
says "As population intelligence, and refine
ment advance, Life Assurance must become
more essential part OF the social fabric" 1t is d
remarkable circumstance, that the difference be
tween the mortality o. the best aud the worst year.
OF life has never exceeded ten per cent, and from
the study OF statistics extending period o
dupwar1s Of 200 wears, the average duration of lif
has been calculated with aim lst uuerrng accuracy
Life Assurance Companies are founded thea, on
a correct basis Their management and result
rove them to he ably ana nobly conducted. They
are entitled to our iull conf dence aud patronage
WHAT IS LIE L ASSURANCE.
/. 1t is the capitalization of the principles O
prudent forethought.
2. 1t is the embodiment OF organized benevo
ence.
8. Itisa system to relieve society anl preyen
taxation and pauperism.
4. 1t is cheap and safe mode of securing