The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1884-04-30
UNION MUTUAL
LIFE INSURANCE COMPANY,
PORTLAND, MAINE.
JOHN E. DEWITT, President.
Thirty-four Years Old. Purely Mutual.
Assets Over Six Million Dollars
Uncomfortable Policies.
No Restrictions Upon Travel, Residence,
or Occupation.
All Policies Nom r 6rfeitabIe under
THE MAINE NON-FORFEITURE LAW.
The Union Mutual Adjusted Premium
Plan.
The Union Mutual Adjusted Premium
Plan.


furnishing insurance at minimum rates.
Ihls plan provides for an exceedingly Low INIT
1AL 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 INsuRFD
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 II
the MAINE NoN-F0RFEITURE Law, and are INcON-
YEARS.
This plan presents the only attractive feature of
so-called "Co-operative Insurance. -low rates dur
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
solvency and stability OF the Company. IT FUR
WISHES A CONCLUSIVE ANSWER TO THE ARGU
MENrs OF COOPERATIVE AGENTS, and, in the
business IN THE VERY FIELDS MOST EFFECTIVELY
WORKED BY THEM.
ILLUSTRATIONS.
THE 10-YEAR ADJUSTED PREMIUM PLAN pro-
yides for regularly increasing premium until the
tenth year, after which 1t remains fixed at the rate
given for the tenth year. At age 20 the first pre-
MUM is Sl2.70; the second, 1885; the third
$16.O2; and so on increasing until the tenth year
when and thereafter the premium is S23.14.
The plain hfe.rate at age % is Sl9.59. This
rate Is not reached upon the adjusted premium
plan until the seventh premium. When the insured
reaches the age OF 30, he pays and continues pay
premium of $23. IA; whereas the plain life-premi
Upon THE 15-YEAR ADJUSTED PREMIUM PLAN
the first premium at age 20 is $12.7O; the second
$500 the third, $l4.40; the fifteenth and there
after, $24.60. The plain life-premium 1888 is
not reached until the tenth year; and the continu-
ing premium of S24.60 is $40 less than the life
rate at the then age of 40.
UPON THE 20-YEAR ADJUSTED PREMIUM PLAN
the hrst premium at age % Is S12.70; the second,
$l341; the third. $14 III the twentieth and there
not reached untiLthe eleventh year, and the con.
tnuing premium of S26.19 is S11.75 less than the
plan hfe-rate at the then age of As.
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
1t possesses especially advantageous features, and
couers dH desirable forms Of insurance, being par
individual insurer.
9-In the hands of active, energetic industrious
agents. therefore, it cannot fail to be productive n
large and profitable business.
The Company is ready to negotiate with, and will
make liberal contracts for good territory with
Agents who will anaroatica1Iv "-~--f