The Vancouver independent. (Vancouver, W.T. [Wash.]) 1875-1910, 1881-10-13
NORTHWESTERN
M A r r I A Ct e
Insurance :! Company
PORTLAND, OREGON.
Incorporated under the laws Of Oregon

The northwestern Marriage Insurance
Company of Portland, Oregon, in order to
save time in answering numerous inquiries
by letter, respectfully submit to an intelli
gent and discriminating public the following
brief statement with regard to the benefits
sure to accrue to holders of its policies,
who having conformcd with the requirements
of their contracts, shall marry within certain
stated periods.
All insurance, worthy of the name, is based
upon what may be termed "Thc Doctrine of
Average" system founded on statistical
data carefully collated from wide field, and
thus very nearly approaching mathematical
eXactncss. In this connection the above
named company has industriously gathered
and carefully considered Il large amount OF
statistical and kindred information on the
subject of Marriages and Marriage Insurance,
upon which was based the plan set forth in
the Company's printed circulars, which may
be obtained, on application to any of its
Agents.
The high reputation for probity, integrity
and the solid financial standing of the Officers
and Directors of the company together with
the worthy objects sought to be promoted by
this plan 0: Marriage Insurance have re-
ceived the substantial recognition and en-
dorscment of the citizens of Portland Ito
whom only it has been possible, in SO brief
time since its organization, to properly intro
duce the subject the Company having in lit
tie more than a month, and with but few
Agents in the field, already written up pol
ices to the amount of more than half Il mil
lion of dollars. In proof of these facts our
books are always open to interested parties
for the most critical inspection of the work
ings of the Company Now, if with four
agents in the field we have been able to issue
policies amounting to half a million dollars
in so short time, it is but fair to assume
that with 50 Agents in the field, the amount
in twelve months will not fall short Of six
million of dollars, with total membership of
1000. BY calculating on basis of LOCO
members and $1,000 900 assemble at the rate
of $3.50 per 1000, per month, for II months,
we have ut the end of the year $4,000 on
hand-a sum sufficient to pay for rs marriages
OF those holding policies OF $1,000 each, which
is the average on the above basis. The next
thing in order is to ascertain what proportion
OF this 1000 shall have married during that
time and thus become beneficial at the close
of the year. The experience of the other
Marriage Insurance Companies, rs set forth
in their reports, furnishes the only reliable
data obtainablc upon which we base our es-
Inmates. In this connection it must be borne
in mind that nearly all the other companies
make their assessments according to the
number OF marriages occurring each month.
This frequency and uncertainty of assess
ments furnishes greater incentive to early
marriage than would be likely to occur were
the assessments to occur monthly and of uni
form amounts, as in this company. Not
outstanding this fact, the reports from those
companies show that the number falls short
of that for which this company has amply
provided. The last report which has come to
hand, that of the Harrisburg Company. shows
that, of total membership Of 1S00, had Is
marriages in months. which is a little less
than 50 per 1909 annually. But the North
western Marriage Insurance Company will
have sufficient funds to pay off 10 marriages;
SO iu excess OF the actual number which may
reasonably be expected to marry out of each
1000.
With rapidly increasing business, vast
sums and accruing interests, and large sur
plus to draw upon, does it not become at
least, morally certain, that the company will
be abundanty able to fill all its engagements
promptly and TO the letter.
Recognizing the fact that any untried
scheme, no matter how carefully considered
before its adoption, is necessarily less GER
tain than If demonstrated by experience, this
company, although fully believing that the
amount collected from assessments will be
sufficient to pay oil matured claims in full,
yet, in order to provide against any adverse
contingencies winch might possibly arise in
an institution necessarily soinew hat complex
in character, have inserted in their policies
the following conditional clause: provided
said sums respectively shall be realized from
II pro rata assessment of those insured in this
Thus insuring the perpetuty
Of the company and the payment of all just
claims.
But If, at the end OF the first year, ii shall
become apparent that ut any future time the
amount collected by assessments shall be in
sufficient to pay all claims in full, then the
monthly rates shall be immediately increased
to an amount adequate to meet all require
ments in that respect. In as much as pos
siblc future increase Of monthly rates will
not and cannot legally affect policies issued
on the present basis, the advantage and pro-
priety OF insuring before such change may
90 into effect must be plainly apparent to
ALL
JOHN ID. GEOGHEGAN,