The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1884-07-22
THE MAINE NON-FORFEITURE LAW.
The Union Mutual Adjusted Premium
Plan,

furnishing insurance at minimum rates.
This plan provides for exceedingly Low INIT
IAL PREMIUM, which increases each year during
10, 10, or 20 years. and thereafter continues at
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 In
reduction of the fifth and subsequent annual prem
ums still further reducing the cost of the insur-
ance. These policies entitled to the benefits IF
the MAINE NoN-FoRFEITURE LAW, and are INcoN-
TESTABLE and UNRESTRICTED AFTER THREE
YEARS.
This plan presents the only attractive feature of
so-called "Co-operative Insurance, low rates dur
ing the early years of policy without its defects
The premiums are so adjusted that they can never
become burdensome, or increase beyond the ability
of the insured to pay while sufficient to insure the
solvency and stability of the Company. 1T FUR
NIsHEs A CONCLUSIVE ANSWER TO THE ARGU
MENTs OF COOPERATIVE AGENTS, and in the
hands of active and energetic men produces large
business IN THE VERY FIELDS MOST EFFECTIVELY
WORKED BY THEM.
ILLUSTRATIONS.
THE 1O-YEAR ADJUSTED PREMIUM PLAN pro-
vides for regularly increasing premium until the
tenth year. after which Ii remains fixed at the rate
given for the tenth year. At age 20 the first pre-
MUM is $l2.70; the second, $13.86; the third,
S16.02 and so on increasing until the tenth year,
when and thereafter the premium is $23.14.
The plain life-rate at age rs is $19.S9. This
rate is not reached upon the adjusted premium
plan until the seventh premium. When the insured
reaches the age of 3d. he pays and continues to pay
premium of 1923. IA; whereas the plain hfe-premi-
UNI at tnat age B $1,000.
UPON THE 16-YEAR ADJUSTED PREMIUM PLAN
the first premium at age 25 is $12.70; the second,
$685.; the third, $l440; the fifteenth and there
after, S24.60. The plain life-premium $3.50, is
not reached until the tenth year; and the continu
ing premium of S24.60 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,
$I3.41; the third, $14 III the twentieth and there
after, $26.19. The plain life-premium, $19.89, is
not reached until the eleventh year, and the con-
tnuing premium of $26.19 is S11.78 less than the
plan hfe-rate at the then age of As.
This plan Is fully and clearly described in the
Company's 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
covers all desirable forms Of insurance, being par
tcularly adapted to meet the precise wants of the
individual insurer.
B-In the hands of active, energetic, industrious
agen ts therefore, it cannot fail to be productive of
large and profitable business
The Company is ready to negotiate with, and will
make liberal contracts for good territory with,
agents who will energetically
PUSH FOR BUSINESS.