The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1884-06-27
All Policies Nom Forfeitable under
THE MAINE NON-FORFEITURE LAW.
The Union Mutual Adjusted Premium
Plan.

Plan.
furnishing insurance at minimum rates.
This plan provides for an exceedingly LOW INIT
IAL PREMIUM which increases each year during
10, 10, q 20 years, and thereafter continues at an
even rate. The first premium is very much lower
than ordinary life premium, and, Notwithstanding
the increase, NEVER EQUALS THE PLAIN LIFE
PREMIUM AT THE THEN AGE OF THE INSURED.
The dividends upon these policies are PAYABLE ia
reduction of the fifth and subsequent annual prem
iums, still further reducing the cost of the insur-
ance. These policies are entitled to the benefits IF
the MAINE NoS-FoRFEITURE Law and are INcoN-
TEsTABLE and UNRESTRICTED AFTER THREE
YEARS.
This plan presents the only attractive feature of
so-called "Co-0perative Insurance, 'low rates dur
ing the early years of policy, without it's defects
The premiums are so adjusted that they can never
become burdensome, or increase beyond the ability
of the insured to pay wkile sufficient to insure the
solYency and stability Of the Company. IT FUR
WISHES A CONCLUSIVE ANSWER TO THE ARGU
s hENTs OF COOPERATIVE E AGENTS. and in the
business IN THE VERY FIELDS MOST EFFECTIVELY
WORKED BY THEM.
ILLUSTRATIONS.
THE 10.YEAR ADJUSTED PREMIUM PLAN pro-
vides for regularly increasing premium until i've
tenth year. after which 1t remains fixed at the rate
given for the tenth year. At age 25 the first pre-
MUM Is $l2.70; the second, 1885; the third
$l6.02; and so on increasing until the tenth year
when and thereafter the premium is $2S. IA.
The plain life-rate at age % is $l9.89. This
rate is not reached upon the adjusted premium
plan until the seventh premium. When the insured
reaches the age of &c. he pays and continues to pay
a premium of $23.14 whereas the plain life-premi-
UNI at that age is S26.SS.
UPON THE l6-YEAR ADJUSTED PREMIUM PLAN
the first premium at age 20 is $12.70; the second
$13.55; the third, $l4.40; the fifteenth and there
after, $24.60. The plain life-premium $19.89, is
not reached until the tenth year; and the continu.
ing premium Of $24.6O is $3.50 less than the life
ate at the then age of 40.
UPON THE 2O-YEAR ADJUSTED PREMIUM PLAN
he first premium at age % is $12.70; the second
$13.41; the third, $14 H. the twentieth and there
after, $26.19. The plain ife-premium S19.89, is
not reached until the eleventh year, and the con-
tinuing premium of $26.19 is $11.78 less than the
plan life-rate at the then age of 45.
This plan is fully and clearly described In the
Companys publications, which will be furnished
upon application to the home office, or any of its
agencies 1t will be found, upon examination, that
it possesses especially advantageous features and
cooers all desirable forms Of insurance. being par
tcularly adapted to meet the precise wants Of the
individual insurer.
E-In the hands of active, energetic, industrious
agents therefore, it cannot fail to be productive of
a large and profitable business.
The Company is ready to negotiate with, and will
make liberal contracts for good territory with,
agents who will theoretically
PUSH FOR BUSINESS.
u. 7. FERRIS