St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1888-04-12

grand total or S0lVency, stability and
strength.
The annual statement for the year
1887 is full of promise, of vigorous
growth, of unquestionable strength,
and only reiterates the Oft-told story:
"The Washington Life is here to
stay" 1t has nearly nine millions of
assets securely invested, with a surplus
equal in proportion to any other COM
pany i'll the field. And a remarkable
fact which this statement shows is:
there was decided gain in each inn
pOrtant feature. Even the care in med
zeal selection told largely in favor of the
company. There was:
Gain i'll Mortality. .... 1892
Interest. ...... $13,7O2
Surplus. ....... 1921, 2G5
Premiums. 49,. $147,512
Assets. $637,2
Policy holders go. 1,257
Amount insured. So, 031 ,6o6
Not a single weak point in the whole
structure. An uninterrupted course
of progressive management.
There is always a reason for every
thlHG, anu ouICly lilCiC diC. Ill lllo
instance, causes for the success.
No company is more widely known for
its liberality to its policy-holders.
Many are the reverseS in business, and
the successful man of to-day may find
ere the year closes that he has not suffi-
cient money left to enable him to pay
his premium. In the majority of COM
IL 1Ifli 70
lapse and total loss of insurance.
Here the Washington Life, humancly
superior to its fellows, steps IN and says
to the unfortunate: 1--WE will keep your
policy i'll force just as long as the
dividends standing to your credit will
carry it, and if in the meantime death
Overtakes you we will pay the full
amount of your policy" And the
Washington not only says this, but its
acts prove that it really does so, for the
policies kept in force by dividends in
1887 that would have been forfeited in
any other company number 1,1S2,
amounting to 1850, 200 of insurance,
and the claims paid during the same
time under policies held by dividends
amounted to Sl2,1
Besides and beyond the mere keeping
of policies in force by dividends, which
insures to the holder the payment of a
claim upon policy thus protected, the
non-fOrteitable dividend system of the
Washington does more. The holder Of
the policy may become temporarily UNI
able, by financial disability, to pay his
premium; but wishing to continue his
policy at the close of the period up to
which his insurance has beer carried by
dividends, he resumes his payments
without medical re-eXaminatiOn, with
out cavil or question. This is i'll the
contract.
Within the last seven years alone
3,71S policies, insuring S0.943, $40, have
been saved to pOlicy-holders of the
Washington by nOn-forfeiture dividends.
The company is not only liberal in
this direction, but instead of holding out
the scheme of great profits and attrac-
tive estimates it gives clear, absolute
guarantee in the New Combination Pol
icy than which no other is more gener-
Gus. This policy guarantees to the
holder of $1,000 policy 81 800 at matur-
ity. A policy for $1,000 is contract for
$500. A policy for $4,000 is contract
for $4,000.
Say the amount of the policy is
1000, the insured is guaranteed at ma
turity of endowment $50, GOO cash, and
paid-up life policy for SIS, 600, or total
of $4,000. together with all accumu-
lated and unused dividends
The Combination Policy has three
functions; by it the insured secures
under single contract:
/. Protection for term of years.
III. The savings of an endowment.
III. A permanent estate.
A strong, simple and inexpensive pro-
vision guaranteeing insurance, capital
sum and an estate.
This is in our view the perfection Of a
just and equitable policy, and when it is
stated that the policies of the Washing
ton are incontestable after three years,
residence and travel unrestricted after
two years, what more can be asked for
The Washington has select corps OF
agents, bound to the company by strong
ties cemented and strengthened by
friendship and good fellowship. In
other words, the company fosters its
agents, and the agents respect and APP
preciate their company. This is shown
by the amount of business steadily pour
ing in. The members of the official
staff at the home Office are methOdical,
and each department is managed by
thoroughly educated men. The board
of directors represents as fine all array
of names as could be selected.
Prominently identified with the COM
pany from the date of organization until
the presidency was opened to him about
eight years ago, William A. Brewer, Jr.,
has stood at the helm and managed the
affairs of the company with acknoWl-
edged ability and signal success.