The Valley Virginian. [volume] (Staunton, Va.) 1865-1895, 1878-03-14
Rates per death IN 1000 members for
$1,000 insurance.

Ages from Is to "a, inclusive, insured at the
same rate as age rs.
a policy for $4,000 three times the amounts pol
icy for 81 900 costs
thereafter for annual dues and mortality assess
ments one-half the amounts a 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
| they pay for
2. Its rates are cheaper than can be obtained
elsewhere with the same degree of security.
3. 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-
creasng rate from that age to theIyoungest in
sured, and at the expiration OF life as indicated
by American mortality experience, each will
| have paid the same amount as nearly as 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 pract1ced 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 a feature which
every healthy individual DESTROYS of securing
| membership in the company will know how to
appreciate. Eafe
that nave been thoroughly tested. All lapses and
| forfeitures, as well as mortality losses,
supplied with new members of the same age as,
| or younger than the vacating members were at
the time of joining, that a dangerous increase
| of age will become impossible.
All assessments will be based on the rate of
death losses per one thousand members.
Thus, il there are LOCO members and death
occurs, it will cost a member aged 80 years 60
cents. But if there are 1900 members it will
cost the member aged 80 years only so cents for
too deaths, and if there 5000 members it will
cost the same member, aged 30 years, only 80
cents for three deaths in the company. There
must be as many death-losses as there are times
| 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-
cordng to age, amount insured. and the number
of death-losses per one thousand members.
Classes, series and divisions, which tend to
weaken a 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
is thus shown to be as safe any that can be
cured, the tables will show its cheapness as COM
pared with other companies.
For further information, and terms to agents,
address
ARISTA HoGE, HOGE KER,
HEBER KER. ) Staunton, Va,
Fluvana and Louisa counties excepted.
For Non Forfeiture and return assessment
plans. circulars. Feb. HIN