The Valley Virginian. [volume] (Staunton, Va.) 1865-1895, 1878-02-28
Rates per death IN 1000 members for
$1,000 insurance.

Ages from Is to "a, inclusive, insured at the
same rate as age rs. M
policy for 81 200 costs twice the amounts and
icy for 81 900 costs. .. t.r,.s ..af
A policy for $500 costs IS admission premium ::
thereafter for annual dues and mortality assess
ments one half the amounts a policy for $1,000
COSTS itW
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.
elsewhere with the same degree OF security. -.
8. 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-
sured, and at the expiration Of iife 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. .Eg w
4. Its risks are taken with greater care than is
generally practiced 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 feature which
every healthy individual DESTROYS OF securing
membership in the company will know how to
appreciate. u4s szxE
that have been thoroughly tested. All lapses and
forfeltures, as we'll 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 he based on the rate OF
death-losses per one thousand members.
Thus il there are 1000 members and death
occurs, it Will cost member aged 30 years GO
cents. But il there are 1000 members it will
costthe member aged so years only 90 cents for
taoO deaths, and if there 5000 members it will
cost the same member, aged 30 years, only 60
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 a
member, insured for 81 900, is assessed the full
amount placed opposite his age on the table. In
other words, assessments are laid fatably ac-
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
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 he as safe as 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. Staunton, Va,
District Agents for Virginia-Nelson, AlbemarIe
Fluvana and Louisa counties excepted.
For on-Forfeture and return assessment
plans, see circulars. Feb. HIN