The Vancouver independent. (Vancouver, W.T. [Wash.]) 1875-1910, 1882-01-05
THE
NORTHWESTERN
M A r r I AG E
Insurance Company
PORTLAND, 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 d scriminating 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 "The Doctrine Of
Average" system founded on statistical
data carefully collated from a wide field, and
thus very nearly approaching mathematical
eXactness. In this connection the above
named company has industrously gathered
and carefully considered a 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 o: Marriage Insurance have re-
ceived the substantial recognition and en-
dorsement Of the citizens of Portland Ito
whom only it has been possible, in so brief q
time since its organization, to properly intro
duce the subject) the Company having in lit
tie more than month, and with but few
Agents In the field, already written up pol
icies to the amount of more than half mil
lion of dollars. In proof OF these facts our
books are always open to interested parties
Tor 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 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 mem bership Of
1000. BY calculating on basis Of LOCO
members and $3,0O0OO assemble at the rate
OF 81 90 per 900, per month, for ~ months,
we have at the end OF the year $4,000 on
hsnd-a sum sufficient TO pay for rs marriages
OF those holding policies of 5000 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, as set forth
In their reports, furnishes the only reliable
data obtainabe upon which we base our c.
| Inmates. In this connection 1t must be borne
IN mind that nearly all the other companies
make their assessments according 10 the
number oil 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
withstanding this fact, the reports from those
companies show that the number falls short
OF that for winch this company has amply
provided. The last report which has come to
hand, that OF the Harrisburg Company. shows
that, OF II total membership of 1900 had 6S
| marriages in months. which is little less
| than ~ per 1000 annually. But the North
western Marriage Insurance Company will
have sufficient funds to pay of ~ marriages; !;
81 in excess OF the actual number which may
| reasonably be expected to marry out OF each
| 1000.
With a rapidly increasing business, vast
sums and accruing interests, and large sur
least, morally certain, that the company will
be ahundantly able 10 ill 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 cer-
tain than If demonstrated by experience, this
| company, although fully believing that the
| amount collected from assessments will be
sufficient 10 pay all matured claims in full.
yet In order 10 provide against any adverse
| contingencies which might possibly arise in
an institution necessarily somewhat complex
In character, have inserted In their policies
the following conditional clause: Provided
said sunis respectively shall be realized from
| pro rata assessment OF those insured In this
corporation" Thus insuring the perpetuity
OF the company and the payment Of all just
claims.
But II, at the end Of the first year, II shall
become apparent that at any future time the
amount collected by assessments shall be in
sufficient to pay all claims in full, then ths
monthly rates shall be immediately increased
to an amount adequate To meet all require
ments In that respect In as much as pos
sible future increase Of monthly rates will
not aud cannot legally affect policies issued
on the present basis, the advantage and pro-
priety OF insuring before such change may
go into effect must be plainly apparent 70
all.
JOHN n. GE0GHEGAN.
Agent Cor Clarke COuusy.