Maryland independent. [volume] (Port Tobacco, Md.) 1874-current, 1898-05-06
HyHE STATE MUTUAL HFE
- ASSURANCE COMPANY
-OF-
W0RCES TER. MASSACHUSETTS,
Was organised in tss5 under a Perpetual
Charter from this Commonwealth,
granted in 1874


granted in 1874
1T INVITES
The attention Of those intending 10 insure, d
the following
FACTS:
No Massachusetts Life Insurance
Company ever failed This Compan,
has never suffered any reyerses.
Management.
It's management is conservative and en-
Cash.
3 Il conducts It's business on a strictly cAsl
basis. Both premiums aud policies are pay.
able IN cash
Economy.
II adheres to the strictest ECONOMY. rSes
Massachusetts, Insurance Commissioner
Reports.
I II never Intentionally insures an impaired
Death Rate.
9 II has experienced deqth rae below thu
average in American companies: As per cent.
less than the tabalar rate.
Investments.
Z It's investments are all legally, proftably
and safely made.
Interest.
The INTEREST realized on lis invested
fands paid all lis death claims for 40 years
Policy
The policy is free from all unnecessary
conditions and restrictions Il Is a simple
contract promising so much insurance for 80
many premiums, and is absolutely incontes-
table after two years.
NoH-Forfeiture.
Cash Values' Paid Up ValneS.
10 ALE ITS POLICIES ARE PROTECTED FROM
FoRrEruRE bF a statute Of the State.
The cash value Of every policy, for every
year, after the first from its Issue 10 its ma
turity, Is f1ed by he laWs ofthe Common
Ueaith. II policy iapses Tor non-payment ri
premium, after two have been paid, the law
without requiring the Injured TO take
any action or to give any notice. fixes
its values al the tire Of the lapse, and secures
the SAME to the insured either in cash al once.
or in pad up insurance to be received BY the
policy holder at the time stipulated In the
original contract.
These Values are endorsed upon the
Policy.
Examples.
A hfteen-payment life policy, issued at 80,
for BIO, 600, annual premium, S372 900. After
ave premiums have been paid, dse cash surrea-
des pdiue, as fixed by the law Of Massachusetts
is Sl,0l5.50- The paid up paiue, 50, $50 90
A iwenty-payment life policy, age 30 for
len premiums have been mia h. ~ A,'e'
aeF eatue Is 81, s02.6O- The pad up ralae,
-, 10000.
forty.year endowment .oe an a. go
900 annual prenium x25g 90 No. ~ ~ S ~.
miums have been paid, the cash surrender
Udtni IS Sl,232 90. The paid up udiue. 50.
929 20. After twenty-five premiums have
peen p@id. ne eesh sssrreaa-y rgitse is 81. gel.
40 The pad up talHe So $4,000.
nh lac.
~ iAio Aisui anoe CUM panles OF otner
states are not subject to this law. even
iu their Massachusetts, hus;nss.
ousiness'
Mutuul-
- Ane Poney holders consulate the Com
PAM IN us assets, ana BY Ulcers OF their
w" NnOi.s' ihanage lie AFFAIRS
Assets and liabilities,
The INSURANCE in force IS s5.Sas 10 . 90
Ths I1ss,,s, sse -, 45S-690 .s2
The surplus. Mass st.nd,ra Sa9S59s 40 .1
Cost of In.na.. .5..s
minimvI neauoeo 70
10 This is secured by inexpensive manage
ment safe and profitable investments, the Sc
lection OF the best risks, and the pay
ment oil legally defined cash values.
SURPLUS.
IA According to the rigid four ner cen, =,
standard Of Massachusetts, II holds
81, IO7 for every 5; 900 Of LIABILITY
Dividends.
10 On the payment Of the second and Of
every subsequent am isl premium 1t makes
DIVIDEND OF suRPLus-to every policy holder
the part he has himself contributed. The
dividends may be applied at the option Of the
insured either to reduce the annual premium
or to purchase additional insurance. PAID
Senas "a V'1'' saA'e IN 'ne annual diyi-
Kinds fPol;c,os
1s II issues life noIicios
uoIices. ns,abls onts ~ 80 anu 'elm
dowment nnIiciss n.satio - A'lu GU
mated term ofrears ~ 80 i, 80 uesls-
end of sucb term +" pi'o' W Tue
PAYMENT of pram;ru.
~ 7, gives tha hotSa. - -'--
of having for ;I.SiS o., : Ply elc op.ioh
19i ~ eonaI annnaii ., s.ns,e pay lnent or
tesrn ~ wears or To- i;,. e''"ei iOr
Limits OF Risk.
IS The largest risk taken on mans life il
$50, GOO; the smallest on any life, 81, COO.
Women ale insured for a limited anonnt m.