The Valley Virginian. [volume] (Staunton, Va.) 1865-1895, 1878-07-25
Rates per death in 1000 members for
$1,000 insurance.
Ages from is to "a, inclusive, insured at the

Ages from Is to "a, inclusive, insured at the
A policy for $4,000 costs twice the amounts. and
policy for $500 three times the amounts pol
~ policy for $40 costs $5 admission premium:
thereafter for annual dues and mortality assess.
ments one-hah the amounts policy Tor $l,OOo
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
D. Its rates are cheaper than can be obtained
elsewhere with the same degree of security.
g. Its assessment rates are adjusted to age. The
members all pay according to expectation OF life.
allow compound interest at the rate OF per cent.
per annum for ages above 40, and slightly de-
creasing rate from that age to thefyoungest in,
by American mortality experience, each will
have paid the same amount as nearly as can be
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 practlced by companies based on the
cations and the medical examinations required
are such as will cure the greatest degree OF ex-
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 operation are based on principles
that have been thoroughly tested. All lapses and
forfeitures, 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.
All assessments will be based on the rate OF
death-losses per one thousand members.
Thus, if there are 1000 members and death
occurs, it will cost member aged 80 years 81
cents. But if there are 1000 members it will
cost the member aged 30 years only go cents for
tho DEATHS and if there are 5000 members 1t Will
cost the same member, aged 80 years, only 6O
cents for three deaths in the company. There
must be as many death-losses as there are times
one thousand members in the company until q
member, insured for 81 600, is assessed the full
amount placed opposite his age 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 tepd 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, thus secured to all the mem
RS or policy holders OF the company.
While insurance obtained in the Home Mutual
80 thus shown to be as safe as any that can be Sc
lred, the tables will show its cheapness as COM
red with other companies.
FOR further information, and terms to agents,
dress
ARIsTA HoGE, HOGE KER,
HEBER KER. Staunton, Va,
District Agents for Virginia-Nelson, Albemarle,
Fluvana and Louisa counties excepted.
For Non Forfeiture and return assessment
plans. circulars. Feb 14-6m