Little Falls transcript. [volume] (Little Falls, Morrison County, Minn.) 1876-1894, 1886-10-22

SFfIilAL iASIENI.
The system OF ii e MORT Il " ~ rE.sN
GUARANTY L;fi. INSURANCE co.
Tenders cer1ain Che payment III full Of
every cb'igalio''- Every valid certiti-
cate can aud W I'll be paid in full on the
death ofthe insured.
The ability of the Company to NEE,
all its rossib'" obligations is indipu,ablr
for the following reasons:
!. I>S Rate Of Assessment rs grab
ated by tn" actual risk incurred, S" tha:
every member pays only and exactly his
propor,,on of tho liability according to
age. No competent Ac,nary viii ones
ton the sourdness and equity Of the rs.
sess,nent rates.
9. The Establishment ofn G"araut,
fund by the. contribution from every
member of $40 on e"cl, 81 900 Of inSur-
nnce. (pnid once for ally. This fund is
limited to $500: 600. Theintcrcst earned
is annually credited on assessments, an
all surplus over $500 900 viii be credited,
to assessments Of persistent membAEs ,tAs
seven years and upwards: The l;ltilrAeG
tY Fund is ALWAYS avniithltssstns istlsSSSA,
losses should the Np:t'r'ry ntia.s Reserytfs
Funds, in any emergency, prove inudss: 5.
quate. -. : =
8. The Creation ofa Reserve Funa-:
The rate Of assessment is in excess OF
liability under the American table Of
mortality, SO that rs per cent. ct oacIf
assessment will be transferred to tie Re-
! serve Fund. That fund will be- i,iest
to all Claims which the M"rtuarveFtlllA
is inadequate to meet, should such iilatle
eouucy ever arise. At the end ofsevn,,
years, and every year thereafter, d .divi.
sion Of onr~seventh Of the accumulated
Reserve Fund wall be ma 1e md mud to
NIL persistent members OF seven years
and upwards, on the basis Of their pay
,nrnts to SAID fund.
4. TIE Creation Of a trust for the
custody Of all the monies contributed by
the me.nb crs to the Guaranty fund or on
assess ments.
The St. Paul Trust Co., one of the
strongest and most responsible ,nstitu-
t,ons OF the North west, is the Trustee of
this company, and Us such trustee col
lertS, holds, invests or pays out all mon
les paid by members on account OF Guar
nty fund or on assessments. Every
dollar of these funds Is beyond the con
troll OF the Insurance company, save that
all losses will be pnid or its order.
The existence and administration Of
this trust makes it impossible that ON.
dollar should be lost through the extrav
axance Or dishonesty of the INSURANCE
Company, its officers or agents.
The attention of every thoughtful bus
lness man is invited to this distinguish.
ing ie"tu'e.
| 5. The Admission Fees and. Arnua
n Dues are the only monies collected by
| the company or It's agents, and by these
sur"nce Company aud its agents are K
b. met. The only cha, yes against rs
sessments are the Tr,,s. Co. commlsslo,
and collection expenses
No Live Insurance Company in the
void gives more reliable assurance q
absolute safety and reasonable economy
The most searching icrntiny is invite.
into all its methods.
The Northwestern G,sarant,
Live insurance Company
Claims public confidence ami support or
the following grounds:
First. That no Lite Insurance can b,
safer aud more reliable.
Second. That 10 plan Of Life Insur
ance can be more equ table, and
Third. That no safe and reliable Lift
Insurance can be less costly.
The now featuresin our plan secure thu
conditions Of safety and equity in TIN
highest degree.