Maryland independent. [volume] (Port Tobacco, Md.) 1874-current, 1898-07-29

ASSURANCE t0MPANf
OF
MASSACHUSETTS,
wss orgnai1sd ~ 1915 uadef a Perpetual
r,bsr,or from his Commonwealth,
granted 70 lst4
IT INVITES
N. attention Of those intending 10 insure 20
the following
FACTS:
No Massachusetts Life Insurance
Company ever failed. This Oo"p~n'
bas never suffered any reverses-
Management.
Its management is conservative anu en
srgstic.
Il eoudssss its business on siricuy CAST
basis. Both premiums and policies are Pa'
abs IN cash.
Il adheres to the strictest ECONOMY: lSse
Massachusetts, Insurance Commissionef
Reports
Il never Intentionally insures an impaired
life.
It hss experienced death rate below sns
averss. In American companies ID per cent
less then the tabslar rate.
Investments.
Tp investments are all legally, pfoniAoJ
And safely made.
! Interest
The ixrrRKsr realized on lis invested
| fspds paid all i1 death claims for ~ years-
Policy.
The policy 10 free from all unneeessAI
conditions and restrictions. IL Is smp''
contract promising 90 much insuranes iol :
manv premiums, and is absolutely incomes
table AFTER two years.
Non-re--'
no ALI r. Paid Up Value,
yoxyrIruR,- rs POLICIES ARK PROTECTED yRol
The 4 By a statute Of the State.
~.ar ,elash. value Of every roiicy, for ever
4 j a. after the first from lis issne 10 its ma
turity, Is fired By he iaws efthe Common
wealth. IFS policy lapses Tor non-payment O
a premium, after two have been paid, the lay
without requiring the Injured to TAX
any action or 10 give any notice. ixe
itsvalues at the tire Of the lapse, and secure
the ssme 70 the insured either in cash ~ one,
or in pad up insurance to be received by til
policy holder IS the line stipulated ia tn
original contract
These Values are endorsed upon the
Policy.
Examples.
A fifteen-pay meat life policy, issued at 80
I ffsrA Al A Ia
Eve premiums have been paid, the cash snrren
der value, as fixed BY the law Of Massachuseti
is sl,ol5.5o. The pad Up roias, S2.es0.00
A twenty-payment life policy, age 30 70
$4,000, annual premium S3l4.o0o ATE
Ten premiums have been paid, the cash satyrcgl
der saiae Is 81 800 GO The paid up aaias
"a. 10000.
a iorty-year endowment, age 80, for $40,
900 annual premium S259.OO. After ten pre-
miums have been paid, he cash surreade
0ales IS 81. 232 co. The paid up value, 81,
92e 90. After twenty-five premiums hav
been paid, tae cash surrender galue is 81. sei
40. The paid Up aiae 81, $4,000.
The life insurance COM anies of othei
states are not subject to this law. ever
in their Massachusetts, business.
Mutual.
Il The policy holders constitute the Com
pany, own its assets, and by Ulcers of the
own choice, manage lie affairs.
Assets and Liabilities.
lie Market value OF assets Jaa !. 1898,
exceeds their cost by - is9e4 90
/ The insurance Ia force 8 O5.4s1 Jig. Ot
che ssssts are lSses.s9o. 3,
the liabilities. i2.is9, sy1 90
Cost of Insurance reduced to a
minimum
| 10 This is secured by inexpensive manage
msnt, safe and profitable Investments, the Sc
lection Of the best risks, and the pay
ment Of legally. defined cash values.
Surplus.
/ II According TO the rigid -four per cent.
standard OF Massachusetts, II holds
<l,l0T for every 1900 Of liability.
Dividends.
| IL On the payment Of the second and o
every subsequent annual premium 1t makes
DIVIDEND OF suRPLUs-t0 every policy holde
the part be has himself contributed. Tn
dividends NAV be applied At tbs option Of th
insured either to reduce the annual premium
or to purchase additional insurance. PAIi
UP POLICIES share in the annual divi
dends.
Kinds of Policies.
i6 II Issues life policies, and tern
poliees. payable only At death; aud en-
dowmenf policies, payable sitter dssig
mated term otyears, or at death il prior to tn
end Of such term.
Payment Of Premiums.
II 1t gives the holder Of policy tie optiol
of paying for it:--( y BY single payment o
az b. equal annual payments, either for
term OF years or for life.
Limits of Risk.
10 The.largest risk taken on mans life i
$50, 900; the smallest on any life, l,e00
Women ale insured for 9 limited amount up
on the same terms as men. The neares
birthday Of the applicant determines the rat,
Of premium The first dividend is availabi,
when the second premium is paid.
Death Claims
This Company pays death claims as soon a
proofs Of death are received and approved al
endowment on the day the term expires
avoids litigation. Il pays policy as readily
as promptly. and as cbeerfally, when it is du,
IS il receives the premiums 90 the same wbei
theyaare due