The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1884-05-05
All Policies Nom 0rfeftmbEe under
THE MAINE NON-FORFEITURE LAW.
The Union Biutual Adjusted Premium
plan

All Policies Non-EorfeItDbse under
TIE MAINE NON-FORFEITURE LAW.
The Union MutuaI 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 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 NoN-FoRFEITURE Law, and are INCoN-
TEsTABLE and UNRESTRICTED AFTER THREE
YEARS.
This plan presents the only attractive feature of
eocalled Co-operative Insurance, low rates dur
ing the early years of policy without its defects
The premiums so adjusted that they can never
become burdensome, or increase beyond the ability
of the insured to pay while sufficient to insure tho
solveney and stability of the Company. IT FUR
NISHEs A CONCLUSIVE ANSWER TO THE ARGU
MENTS OF COOPERATIVE AGENTS. and, in the
hands of active and energetic men produces a 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 1t remains fixed at the rate
given for the tenth year. At age 25 the first pre-
MUM is $l2.70; the second, $13.86; the third,
S15.02; 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 pay
premium of $23.14; whereas the plain life-premi-
um at that age is S2633.
UPON THE 15-YEAR ADJUSTED PREMIUM PLAN
the first premium at age 20 is $12.7O; the second
$1355; the third, Sl4.40; the fifteenth and there
after, $24.60. The plain life-premium SI9.S9 is
not reached until the tenth year; and the eontinu
ing premium of S24.60 is $3.50 less than the life
rate at the then age of 40.
UPON THE 2O-YEAR ADJUSTED PREMIUM PLAN
the first premium at age 20 is S12.70; the second,
$1341 the third, $14 p; the twentieth and there
after, S26.19. The plain Hfe-premium, Sl9S9, is
not reached until the eleventh year, and the con-
tinuing premium of 226.19 is S11.7S less than the
plan lfe-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, any of its
agencies. 1t will be found, upon examination that
it possesses especially advantageous features, and
all desirable forms of Insurance. being par
ticularly adapted to meet the precise wants Of the
individual insurer.
GF-In the hands of active, energetic, industrious
agents. therefore, 1t 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 wbn will theoretically
PUSH FOR BUSINESS.
j. r. FERRIS
Monooa, for Mo5ua q N H ApouoIor