The Democrat. (Scotland Neck, Halifax Co., N.C.) 1884-1896, 1893-06-29
THE LARGEST FINANCIAL
INSTITUTION IN 0aIO
THE UNION CENTRAL LI1E INsU RANCE
COMPANY, or cINCISArI.

| n@aus the business tn at ,t ~ss tWen'
| tv.6ve To thirty Years ago Most OF
| tn older class 1t people Can easilv
| remember when the life Insurance. 90.
[ lic,t0r vas con,idered 8 sospicnos
ch rsrter, whom tue nzj"rity nf "eo'
| vi eth. feared or ie>p,-e l-ieAred
| l- be -nruid ioiuc. then against
| their vii and het.es ju txnent, TO
| take out policies "f life insurance
| -Aespised rs m.n Who wAs at
teupting TO make a l,vnnk hy iDpos.
| lnS upon the cre3allts OF toe people.
rue sciec e Of lf. Insurance IN those
early days, II il true, was not as we'll
understood As at present, aud men
had not yet come to appreciate the
Importance anil bene6rent character
Of the in.tl,utlon. AS a consequence
m4ny Who we're iniocei to take oct
policies, rather to yet ril nf the in-
portunities Of the solicitor thsn be.
cause they had anv faith in the priu.
clDle or the comuanies represented,
allowed th-l: po!icles to la,,se after a
few pay ment-, and it was not strange
that some few companies failed,
which Of course was charged against
ths principle or policy OF lifs insur-
aLce itself.
Rot the principle was right, aud it
has outIived those very early days
Of ,nexper,ence ami Ignorance, and
tne safes reliable and boDestly man.
aged life loanrance company is now
looked upon as bene6cent and
necessary institution and no husi.
npes man ~ today 10 or should te
without life Insurance. Vo life in
s"rapce comuanv has done more to
bring about .his chsnre in the s"n'i.
,pept Of the people than
THE UNION CENxKAL.
tinn the ~ na0ement Of this compa.
Nv has been wise. eff1'ient AMI hon.
orahle. and il rarlv gained the full
confidence O. all classes of this COM.
mnn,t., aod with a full and more.
served bnme indoraement, It VAS 40
ea.v task to extend it's business into
other commucitios, The business
Of the company naa sl~avs been
manaeed on the most progressive
principles, availing itself OF al im>
prosements IN this branch cf under.
writing, and sdo,tinR all the mos,
ad.anred metlode OF safety OF I'"l'ev
holders and at the same time
strengthening its hold on the cOh9.
dence and re~pect Of the people.
Among the moat salient features
that especially commend the Union
Central Ii e to the confidence ard
favor Of the people arctic non.for.
f.itable and incOntestaOle policies
after three annual pav ments, after
which it is impossible for the policy
holder, who from any cause allows
his policy to lapse, to lose sll that be
has paid. Either be will he furnish
ed full paid up policy to the extent
that such payments will cover. or h'a
orig nal policy will he carried for
such q period IS the value Of the
policy will pay the premioTs at the
time Of its lapse. Another feature
is the lsscance Of enAnwDent poll.
c.es at rates on the moEt .avoranle
terms, SLOWING men, while 10 active
business, to assure for themselves .
competence for their declining years.
TIE latest improvement is the
twenty Payment Gusran'ee Policy,
af,f ding the least expe1siv" lnsor-
aacs ever offered for a term OF tweD-
ty ,ears nr for life, and carefully Sc
curing the interest Of the policy.
holder at every point.
The business Of the Uniop Central
Life is steadily increasing with rsch
succeeding wear. The twenty-s'x'h
annual statement, The first on the
s-csnd quarter century Of its honor.
ah;e career. inside at thu close OF
1892. makes most gratifying showing
Of it. present .on'iti"n sod & mo<t
remarkable PROCESS during the 'eas.
TIE gross ass rs. D-cemner 81, 80,
wsrs $9,5ll.436.O6. an increase Of
Sl.5O7.677 While Oily holders
were paid during the year $8lO, 1885,.
"a. there was added to the reserve
fund, $l.2lO673, hesides increasing
the general surpius Of the Company
100000. TIE death rate during
the year was 62-1OOtEs Of per cent.
Of toe usan amount at risk The
entire amount paid for death claims,
maturing endowments. interest on
capital and taxes, vas less thao toe