The Valley Virginian. [volume] (Staunton, Va.) 1865-1895, 1878-05-02
Rates per death in 1000 members for
$1,000 insurance.

Ages from Is to "a, inclusive, insured at the
same rate as age 25.
A policy for $40 costs twice the amounts. and
policy for $4,000 three times the amounts a pol
| icy for 81, 900 costs.
| A policy for $500 costs IS admission premium ::
| thereafter for annual dues and mortality assess
ments one-half the amounts a policy for LOCO
| COSTS
Advantages offered by the Home Muual
Life Association of Pa.
/. Its bers, or policy holders, secure insu-
| rance at cost. There are no over-payments col
| lected. Members pay as they go and get what
| they pay for
| 2. Its rates are cheaper than can be obtained
| elsewhere with the same degree OF security.
| 8. Its assessment rates adjusted to age. The
members all pay according to expectation of life.
| Take the rates at any two ages from the table,
How compound interest at the rate of per cent.
| per annun for ages above 49, and a Slightly de-
| creasing rate from that age to the.youngest in
sured, and at the expiration Of life, as indicated
| by American mortality experience each will
| have paid the same amount as nearly can be
| obtained without assessing fractional cents.
This exact equality of rates for the different ages
is important to the stability of company, and is
| found in no other company based on the assess
| ment plan.
| 4. Its risks are taken with greater care than is
generally practiced by companies based on the
assessment plan. The forms provided for appli-
cations and the medical examinations required
| emption from bad risks. This is a feature which
| every healthy individual DESTROYS OF securing
| membership in the company will know how to
| appreciate.
| S. Its plans of operat based on principles
that have been thoroughly tested. All lapses and
| forfeitures. as well as mortality losses, re-
supplied with new members of the same age as,
or younger than, the vacating members were at
the time of Joining, SO that dangerous increase
of age will become impossible.
| All assessments will be based on the rate of
| death losses per one thousand members.
Thus, if there are LOGO members and death
occurs, it will cost a member aged 80 years go
cents. But if there are 1000 members it will
too Deaths and if there are 5000 members it will
cost the same member, aged 80 years, only so
cents for three deaths in the company. There
must be many death-losses there are times
one thousand members in the company until a
amount placed opposite his age on the table. In
other words, assessments are laid ratably &C.
cording to age, amount insured. and the number
of death-losses per one thousand members.
Classes. series and divisions which tend to
weaken company and multiply its expenses,
are thus avoided. Uniformity of death rates. and
perfect equality OF costs according to age and
amount insured are thus secured to all the mem
bers or policy holders OF the company.
While insurance obtained, in the Home Mutual
thus shown to be as safe as any that can be Sc
lred, the tables will show its cheapness as COM
sred with other companies.
tdress
ARIsTA HoGE. HOGE s. KER,
HEBER KER. ) Staunton, Va,
District Agents for Virgina-Nelson, Albemarle,
For Non-Forfeiture and return assessment
plans. see circulars. Feb. Him
ALL THE NEW FABRICS IN
DRESS GOODS,
atthe lowest prices,
apE1s at W. Il. WELLER'S.