The Valley Virginian. [volume] (Staunton, Va.) 1865-1895, 1875-09-30
On motion the meeting adjourned.


has been that in the case Of ordinary Life Poll
cies, the premiums were demanded until death,
thus becoming onerous in advanced years,
and affording no opportunity for withdrawal
meantime, save at a serious loss. and, in the
case OF endowmcnts, the cost was excessive,
the returns not being adequate to the outlay.
Many are opposed to plain life insurance OH the
principle that they will pay for nothing they
cannot see and have the handling OF them
selves; and to those the endowments ordinarf-
| " offered have failed to present the needed
| inducement. >
| The Reserve Endowment and the Reserve
Dividend Policies, as issued by the Metropoli-
tan Life insurance Company, meet all such OBJ
jections, by furnishing the largest protection in
| the event Of untimely death, and at the same
time assuring cash endowment in case OF with
drawal, at stated intervals. In brief, it embra-
ces both Life and Endowment Insurance, af-
fording double protection against poverty IN
death and poverty in life, possessing, there
fore, an adaptability beyond any plans hereto
fore offered to all classes and conditions Of
men.
These policies mark revolution in the prac-
tice Of l. fe Insurance, and are conceded by dis
interested actuaries, and those most familiar
withth business, to possess advantages over
1 any plan hitherto introduced. 81
The principle involved renders every form
Of Insurance provision for life. 1t converts
an ordinary life policy lat same cost otherwise
payable only in the event of Death, into a cash
endowment, maturing every ten years during
the existence OF the policy, thus enhancing in a
remarkable manner, the value as an investment,
and placing competency within the easy
reach of all. sgS
IF this case can be made plain to the under
standing, who would refuse to insure? That
it is comprehended and accepted as truth, the
business Of the company attests. Financiers,
merchants. and the professions generally, me-
chanics, and in fact all classes and conditions,
testify their estimates Of its merits. by taking
additional insurance in these plans and aban-
doning the old forms,
Let it be borne in mind that il is not new
and untried scheme, possessing at best a doubt.
Jul value, but comprehensive adaptation Of
past experience producing what may be fifty
deemed the rfection Of the systens of Il e in.
surancc, and offered in terms of the most EN-.
phatic commentator, by one of the most con.
servative and successful companies in the coun.
try.
/ The management Of the Metropolitan Life
4 is a sufficient guarantee to those who know its
officers and directors, that no spccious scheme
calculated to mislead or deceive the public
would be sanctioned or permitted.
The Reserve Dividend is one more step ir
the march OF progress. Presented only aftel
mature thought, it invites the test of the sever
est scrutiny. It's ehiefmerit is its perfect adapt
ability to the wants Of insurable lives.
These plans charge no more for endowment
than for plain life insurance, and as an inoest
nsent, contemplate more substantial return
than any before presented. 49,
E. W. BA1LY, Agent, Postofice building
Staunton, Va.