The Valley Virginian. [volume] (Staunton, Va.) 1865-1895, 1878-07-11

Ages from 10 to "a, inclusive, insured at the
same rate as age rs.
I A policy for 3D. 900 costs twice the amounts. and
policy fer $4,000 three times the amounts pol
thereafter for annual dues and mortality assess
ments one-hah the amounts policy for $1,000
costs.
Advantages Offered by the Home Mutual
Life Association of Pa.
l. Its members, or policy-holders, secure insu
rance at cost. There are no over-payments col
lected. Members pay as they go and get what
.. Its rates are cheaper than can be obtained
elsewhere with the same degree of security.
8. Its assessment rates adj usted 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 49, and slightly de-
creasing rate from that age to thetyoungest in
sured, and at the expiration of life, indicated
by American mortality experience, each will
have paid the same amount nearly as can be
obtained without assessing fractional cents.
This exact equality of rates for the different ages
is important to the stability of a company, and is
found in no other company based on the assess
ment plan.
4. Its risks taken with greater than is
generally practlced by companies based on the
cations and the medical examinations required
aresuch as will cure the greatest degree of ex-
emption from bad risks. This is feature which
every healthy individual DESTROYS of securing
membership in the company will know how to
appreciate.
S. Its plans of operation are based on principles
that have been thoroughly tested. All lapses and
foffeitures. as 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 q death
occurs, it will cost member aged 80 years 10
cents. But it there 1000 members it will
cost the member aged 80 years only go cents for
twO deaths, and if there are 5000 members it will
cost the same member, aged 80 years, only 60
cents for three deaths in the company. There
must be as many death losses as there are times
HouSaad members in the company until a
member, insured for 81 200, is assessed the full
amount placed opposite his age the table. In
other words, assessments laid ratably &C
cording to age, amount insured and the number
OF death-lOsses per one thousand members.
Classes. series and divisions, which pd to
weaken company and multiply its expenses
re thus avoided. Uniformity of death rates, and
.rfect equality of costs according to age and
nOunt insured are thus secured to all the mem
or policy holders of the company.
While insurance obtained in the Home Mutual
{ thus shown to be as safe any that can be Sc
. fred, the tables will show its cheapness as COM
y ,red with other companies.
for further information, and terms to agents,
4 dress
ARIsTA HoGE, HOGE s. KER,
HEBER KER. Staunton, Va,
district Agents for NATURALIZATION, Albemarle,
Fluvana and Louisa counties excepted.
FOR Non Forfeiture and return assessment
plans. see circulars. Feb. Him