The Valley Virginian. [volume] (Staunton, Va.) 1865-1895, 1878-03-28
Rates per death in ], 1000 members for
$1,000 insurance.

Ages from Is to "a, inclusive, insured at the
same rate age 25.
policy for g. goo costs twice the amounts. and
icy for ST 900 costs.
A policy for $500 costs IS admission premium:
thereafter for annual dues and mortality assess
ments one-half the amounts q policy for $1,000
costs.
Advantages Offered by the Home Mutual
Life Association of Pa.
l. Its mem befs, or policy-holders, secure insu-
rance at cost. There 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 thesyoungest 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
are such 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. Hs8
5. Its plans of operat on are based on principles
that have been thoroughly tested. ALI lapses and
forfeltufes, as we'll as mortality losses, are
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 the rate OF
death-losses per one thousand members.
Thus, II there are LOGO members and death
occurs, it will cost member aged 30 years 60
cents. But if there 1000 members it will
costthe member aged 80 years only 60 cents for
tioo deaths, and if there 5000 members it will
cost the same member aged 80 years, only 80
must be as many death-osses as there are times
one thousand members i'll 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 &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
is thus shown to be safe any that can be Sc
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. 5 Staunton, Va,
Fluvana and Louisa counties excepted
For Non Forfeiture and return assessment
plans. see circulars. Feb. l46m