The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1884-05-28
THE MAINE NON-FORFEITURE LAW.
The Union Mutual Adjusted Premium
Plan.

furnishing insurance at minimum rates.
This plan provides for an exceedingly LOW NIT
IAL PREMIUM, which increases each year during
TO- 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
iums still further reducing the cost Of the insur-
ance. These policies entitled to the benefits #
the MAINE NoN-FoRFEIrURE LAW, and are INc0N-
TEsrABLE 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 adjusted that they can never
become burdensome or increase beyond the ability
OF the insured to pay, while sufficient to insure tho
solvency and stability Of the Company. 1T FUR
NIsHEs A CONCLUSIVE AUsWEn THE AK9U
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 10-YEAR ADJUSTED PREMIUM PLAN pro-
vides for regularly increasing premium until the
tenth year. after which it remains fixed at the rate
given for the tenth year. At age 20 the nrst pre-
MUM is Sl2.7O; the second, $13S6; the third,
S1502; and SO on increasing until the tenth year,
when and thereafter the premium is s23. IA.
The plain hfe,rate at age 20 is $3.50. 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 S2S. "A; whereas the plain lfe-premi-
um at that age is S26.3S.
UPON THE 15-YEAR ADJUSTED PREMIUM PLAN
the first premium at age rs is S12.7O; the second,
$13.65; the third, S1440 the fifteenth and there
after, $24.6O. The plain hfe-premium. 1889, il
not reached until the tenth year; and the continu-
ing premium of S2460 is S6.70 less than the life
rate at the then age of 40.
UPON THE 20-YEAR ADJUSTED PREMIUM PLAN
the first premium at age % Is S12.70; the second,
S13.41; the third S14 IL: the twentieth and there
after, $2619. The plain hfe-premium, $3.50, is
not reached until the eleventh year, and the con-
tinuing premium of S26.19 is Sits less than the
plan hfe-rato at the then age of 40.
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
ticulary adapted to meet the precise wants OF the
individual insurer.
9-In the hands Of active, energetic, industrious
agents. therefore it cannot fail to be productive Of
large and profitable business.
The Company is ready to negotiate with, and viii
make liberal contracts for good territory with,
agents who will theoretically
PUSH FOR BUSINESS.
j. =. FERRIS
Manager for Maine & N. H. Agencies,
APPS PORTLAND, ME eodtf