The Portland daily press., 1884-07-04
UNION MUTUAL
LIFE INSURANCE COMPANY,
PORTLAND, MAINE.
JOHN e. DEWITT, President.
Thirty-four Wears Old. Purely MUTUAL.
Assets Over Six Million Dollars
Uncomfortable Policies.
No Restrictions Upon Travel. Residence.
or Occupation.
All Policies Nom # orfeitable under
THE MAINE NON-FORFEITURE LAW.
The Union Mutual Adjusted Premium
Plan,
THE MAINE NOMENCLATURE 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, To- or 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 In
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 NoN-FoRFETTURE LAW, and are INOoN-
TEsTABLE and UNRESTRICTED AFTER THREE
YEARS.
This plan presents the only attractive feature of
so-called "Cooperative 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 tho
NIsHEs CONCLUSIVE ANSWER TO THE ARGU
MENTs OF COOPERATIVE AGENTS, and. in the
hands of active and energetic produces large
business IN THE VERY FIELDS MOST EFFECTIVELY
WORKED BY THEM.
ILLUSTRATIONS.
THE 10-YEAR ADJUSTED PREMIUM PLAN pro-
vides for a regularly increasing premium until the
tenth year. after which 1t remains fixed at the rate
MUM is $12.70; the second, $13.86; the third,
$15.02 and so on increasing until the tenth year,
when and thereafter the premium is S23.14.
The plain ife-rate at age 20 is $3.50. This
rate is not reached upon the adjusted premium
plan until the seventh premium. When the insured
premium of $685. whereas the plain life-premi-
UNI at that age is $2638.
UPON THE 15-YEAR ADJUSTED PREMIUM PLAN
the first premium at age % is $12.7O; the second,
$13.55; the third, lao; the fifteenth and there
after, $24.60. The plain lifepremium. $3.50, ID
not reached until the tenth year; and the continu
ing premium of $24.60 is $3.50 less than the life
ate at the then age of 40.
UPON THE 20-YEAR ADJUSTED PREMIUM PLAN
he first premium at age % is $12.7O; the second,
$l341 the third. $14 IL; the twentieth and there
after, $26.19. The plain 1ife-premium, $780, is
not reached until the eleventh year, and the con-
tinuing premium of $2e.19 is S11.75 less than the
plan hfe-rate 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, 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
agents, 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.
j. =. FERRIS
Manager for Maine & n. III. Agencies