The Valley Virginian. [volume] (Staunton, Va.) 1865-1895, 1878-08-01
Rates per death in 1000 members for
$1,000 insurance.

Ages from l5 to "a, inclusive, insured at the
same rate as age Is.
policy for $4,000 three times the amounts a pol
icy for 81, 900 costs.
A policy for $500 costs S. admission premium:
thereafter for annual dues and mortality assess
ments one-hah the amounts a policy for $1,000
costs.
Advantages offered by the Home Mutual
Life Association of Pa.
L. Its members, or policy 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 are adjusted to age. The
members all pay according to expectation of life.
Take the rates at any two ages from The table,
allow compound interest at the rate OF per cent
per annum for ages above 40, and slightly de-
creasing rate from that age to thelyoungest in
sured, and at the expiration OF life, as indicated
have paid the same amount as nearly as can be
obtained without assessing fractional cents
is important to the stability of a company and is
found in no other company based on the assess
ment plan.
4. It's risks are taken with greater care than is
generally practlced by companies based on the
assessment plan. The forms provided for appli-
cations and the medical examinations required
are such as will cure the greatest degree of eX-
emption from bad risks. This is q feature which
every healthy individual DESTROYS of securing
membership in the company will know how to
s. It's plans of operator are based on principles
ietPSOo
forfeitures, well as mortality losses, are 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.
Ali assessments will he based on the rate of
death losses per one thousand members.
Thus, if there are 1000 members and a death
occurs, it will cost member aged 80 years so
cents. But if there are 1900 members it will
cost the member aged 30 years only 60 cents for
tioo Deaths and if there are 5000 members it will
cost the same member, aged 80 years, only 6O
cents for three deaths in the company. There
must be many death-losses as there are times
one thousand members in the company until a
member. insured for $1,000, is assessed the full
amount placed opposite his age on the table. In
other words, assessments are laid ratably ac-
cording to age, amount insured, and the number
of death-osseS per one thousand members.
Classes, series and divisions, which tepd to
weaken company and multiply its expenses.
ire TINS avoided Uniformity of death rates, and
.rfect equality of costs according to age and
nOunt insured, are thus secured to all the men,
.rs or policy holders of the company.
Whileinsurance obtained in the Home Mutual
= thus shown to be as safe any that can be Sc
tired, the tables will show its cheapness as COM
red with other companies.
FOR further information, and terms to agents,
dress
AR1sTA HoGE, HOGE KER,
HEBER KER. Stanton, Va,
District Agents for Virginia-Nelson. Albemarle
Fluvana and Louisa counties excepted.
For Non Forfeiture and return assessment
plans. circulars. Feb. l46m