Nashville union and American. [volume] (Nashville, Tenn.) 1868-1875, 1870-08-07
LEFE INSURANCE.
The A2tna Life Insurance Company
of Hartford.

The Etna Life Insurance Company
of Hartford.
From the New York Insurance Times.
Charity itself fulfills the law. and charity
is only benevolence in act. We can not
separate love from charity, and, although
charity is truly said to begin at home, it
spreads from that sacred center throughout
the universe. There is no genuine love
which does not seek to protect as well as
cherish. We observe this instinct in the
animal creature, but mans care of the
treasures of his affection is much more far
seeing and far-reaching. It not only ex-
tends throughout life, but proceeds even
beyond it. This benign circumspection is
rightly esteemed as one of mans most esti-
mable qualities, but when we see it, as in
the great company whose name appears at
the head of this article, assume the con-
sistency, regularity and method of perfect
system, practical, easy, economical, equita-
bic, remunerative and inevitable in its
operation and effect, it appears something
essentially god like.
We challenge any skeptic or misanthrope
to pursue the record of the Etna Life of
Hartford without feeling a glow of pride
and sense of qualification for the achieve
ments of modern progress and philan-
thropy. We are speaking of no abstract
object erected for our respectful and dis
tant wonderment; it has, on the contrary,
become imbedded inextricably in our social
system, and is something to be practiced
by every father and brought home to every
family. ..-I rs M --.
Nine years ago it was thought an aston
ishing thing to say that the Etna Life in
sured within twelve months no less than
589 persons, received an annual income of
S78, 533.67, and presented an accumulation
of assets amounting to $281, 1868. IS. How
comparatively dwarfsh these figures ap-
peared five years afterward, when the COM
pany began to increase its number of poll
cles by thousands, and its income and
assets by millionsl In 1865 it issued 8, 800
new policies, earned an income of 81 $685.
039.57, and exhibited an accumulation of
50, ,036, ,823.0 .05. ---' .---.,a = J-
o But this was supposed to be a fnality.
1t was asserted that life insurance and the
Etna had reached their acme. Yet the
next year completely dissipated this illu-
sion by a duplicature of almost all these
items, and in 1867-which it must be ad-
mitted was a great and glorious year for
life insurance-the Etna granted 15, 251
new policies, had an income of So. 49,
Al. 81, and assets reaching the sum of ST.
538, GIL. 35.
This tremendous growth has gone on.
+, The eompany's last fiscal year, conclud-
ing on the 1st of June last, offers, with the
exception of new policies, the same mirac-
ulous features of increase. The premium
receipts during this period were S., ,216, $50,
insuring IL, 1876 new members, which, with
the addition of $780, in interest,
swelled the income to Sc, O26, 903, and in
creased the assets by 81. $50, 1856 to total
of fourteen million dollars -.-,
We quote these figures to show how
firmly and extensively the Etna Life has
become intrenched in the favor of the
American people. The question by what
means this immense growth has been at
tanned is subject of equal interest.
"Upon what meat does this our Cesar feed,
That he is grown SO great p i--
Wherein does this Company surpass
others, that it is entitled to and receives so
much preference --....-
Its principal points of excellence are its
security, economy, justice and enterpris-
ing management, and the skillful adapta-
ton of its plans 20 the requirements and
advantage of the people. q.
Its perfect security may be inferred from
the fact that it not only has assets safely
and. proftably invested, amounting to
81, 900, 900, but a surplus above all liabil-
tiles of S., 10, 206.07, or $133.02 to every
300 of liabilities, so that should it wind
up now it could not only pay every cent it
owes, but also give every policy holder,
out of earnings actually saved and put by,
a dividend of $3.50 per centum. n.
Its economy is equally demonstrable,
for in this respect it excels twenty of the
leading life companies in the United States,
showing annually less expenditure and loss
by death by from six to ten per cent,
which has enabled it to save in four years,
over and above its competitors, the sum of
s., POP, ,924.82. Its officers have effected
this triumph by the exercise of judicious
discrimination in the selection of risks and
the conduct of the business on the most eff
fective and economical plans.
Its enterprise is shown in the vast growth
and prosperity it has attained throughout
the Union and the Dominions of Canada,
and In the employment of the best, most
Jealous and reliable agents on the conti-
nent. To laud its officers were superfuous,
as their work, the company itself, speaks
for them in terms we cannot equal, much
less transcend.
The method and entire system Of the
Etna are characterized by a liberal and
equitable consideration of the interests of
the insured. We observe this quality con-
spicuously in its practice of the principle
of non-f forfeiture, and in the lowness of its
premium rates, and in its contribution plan
of awarding dividends which render poll
cies self-sustaining much sooner than in
the majority of other companies. 1t has
also many more new, original and excellent
features than we have space to mention;
such as the ten-year term policy, etc.,
which prove of great benefit to the insuring
community
The Etna Life has the great merit of un-
precedented success, and the still greater
one of deserving IT in every particular. II
is privilege to belong to the company,
and blessing to the insured and his heirs,
| a source of consolation throughout life, an
unspeakable solace at death, and thereafter
a comfort and support to those left behind
who were bound to the departed by the ties
| of relationship and mutual affection. Let
every husband and father take out policy
in the Etna, and he will find his days
brighter, his nights more peaceful, his
| heart lighter, and his brain more un-
clouded ever after.
| WM. D. TALBOT and F. E. PERRIN, Gen
eral Agents Etna Life Insurance Company
No. 80 Cherry street, Nashville, Tenn.
THE WOMAN QUESTION.
| To the Editors Of the Union and American;
| A fripnd has called INV attention tn 8