The Hawaiian gazette. [volume] (Honolulu [Oahu, Hawaii]) 1865-1918, 1879-09-24
EXPLANATION
OF the TOntine Investment Policy Issued by
the New York Insurance Company.

OF the TOntine Investment Policy Issued by
the New York Insurance Company.
In to the requests for particulars
the TONTINE INVESTMENT POLICY we will here give
brief explanation:
The rates the the ordinary life PLAN but
instead of paying long person lives the payments
cease at the end of 10, Is 20 years. applicant
may desire when making application at which period
policy holders select any of following plans:
Age 40 is selected being fair average age but Of
course the results at different ages in different classes
of policies would vary from these given-AMoUNT,
$4,000; AGE, 30; PREMIUM, ssi3o0.
FIRST CLASS
Three months before the expiration of the first or Ten
Year Tontne Period the Assured his option can select
either of the following benefits, to wit:
lie withdraw his share accumulated earnings
estimated from past experience be least 56 per
cent Of all premiums paid the oIig, policy being
sl In force, with annual cash dividends from this
date. Or,
2-He close his interest in the policy and
receive bnek al he has paid and per cent additional
She paid up policy without profits for at
least ~ ,5oo-totat amount Of cash payments having
been only s5ISol
SECOND CLASS.
Three months before the expiration of the second OR Ff
teen Year Tonne Period the assured at his option can
select either OF the following benefits to wit:
HE can withdraw bis share of accumulated earnings
estimated from past experience to be at least per
still 10 force, with annual cash dividends from this
date. Or,
2He cah close out his entire interest the policy and
receive therefor all he has paid in and 81 per cent
an cash. making In all l5I per cent. Or,
She receive paid up policy, without profits for
Sl5o0D5 or 5000 than the original policy pro-
vided that shond the amount OF the paid up policy
exceed the original amount OF the insurance as a
condition precedent TO its ISSUE satisfactory certd-
cate OF good health, from examiner of the Com
pany. and subject to lis approval shall furnished
THIRD CLASS.
Three months before the expiration Of the third or
Twenty Year Tontne Period the assured at his option
select either of the following benefits to wit:
HE can withdraw his share Of accumulated earnings
estimated from past experience be at least SO pey
cent more thdn all payments made the original policy
being still in force, with Its cash dividend as
from this date. Or,
2He can close out bis entire interest in the policy and
receive therefor in cash a sum double the amount OF
all premiums paid ESTIMATED 2O7 per cent? Or
She receive paid up policy, without profits fol
s2S,5O0. or $500 more than the amount originally
insured for subject 10 the co1dition before naed
that satisfactory medical certificate of good health
be furnished, in the amount Of paid up polIty
exceeds the original amount of insurance
p The great advantage Of above plan Of insurance
Is that policy holders have option of dcoutinu
ing the later of e receive back their money
with of interest," besides securing their families
in case of early death.
q. O. BERGER, Special Agent
H. HACKFELD & CO.,
7G 1t General Agents for the Hawaiian Islands.