Maryland independent. [volume] (Port Tobacco, Md.) 1874-current, 1898-08-12


WORCES FER. MASSACHUSETTS
Was organized in ls4s uader Perpetual
Charter from this Common wealth,
granted in 1874
1T INVITES
The attention Of those intending 70 insnre, e
the following
FACTS:
| No Massachusetts, Life Insurance
Company ever failed This Company
mas never suffered any reverses
Management.
Us infringement is conservative and en-.
ergetie.
Cash.
1t condaets its business on strictly CASH
basis. Both premiums and policies are paJ
able ia cash
Economy.
It adhsres TO the strictest EcOSoNY. rSse
Massachusetts, Insurance Commissioner :
Reports
g. It never Intentionally insures an impaired
Death Rate
II has experienced death rate below the
average in American eompanies;-25 per cent.
less than the tabHlar rate
Investments.
Its Investments are all legally, pro6tably
and safely made.
Interest.
The INTEREST realized on lie invested
taads paid all its death claims for 40 years.
Policy.
The policy is free from all unnecessary
conditions and restrictions. II is a simple
contract promising so much insurance for so
many premiums, and is absolutely incontes-
table after two years.
Non-Forfsiture.
Cash Values; Paid Up Values.
10 ALI IT'S POLICIES ARE PROTECTED PROM
FORFEITURE by a statute of the State.
The cash value OF every policy, for every
year, after the first from It's issue TO its ma
tarity, is fred by he lags 9TH. Common
veahA. ifa policy lapses tor non-payment Of
premium, after tao have been paid, The law
without requiring the Injured to take
any action or to give any notice, fixes
ITS values az the tire Of the lapse, and secures
the SAME TO the insured either in cash at once,
or in paid ~ insurance to be received by the
policy holder ut the time stipulated in the
original contract.
These Values are endorsed upon the
Policy.
Examples.
hfteen-payment life policy, issued at 80,
for SIC, 900, annual premium, S3T2.OOO. After
1--WE premiums have been paid, the cash surren-
der Dalas, as fixed by the Law Of Massachusetts,
is Sl,0l5.5O. The paid up value, 81, $50 90.
twenty-payment life policy, age 80 for
$4,000, annual premium $3l4 co., After
ten premiums have been paid, tks cash surrea-
Der valae IS Slis02 so. The paid up Uaiae,
81, 100 90.
A ioftT-year endowment, aye 80, for $lO,-
900 annual premium S2590O After ten pre-
miums hive been paid, lbs cash surrender
roius IS Sl.232 90. The paid up eaiue, So,
929 90. After twenty-five premiums have
been paid, he cash sHrrsnaer paize is 81. 36I.-
40. The paid up tdlus Sc, $4,000.
The life insurance com panies of other
states are not subject to this law, even
in their Massachusetts, business
Mutuul
II The policy holders constitute the Com |
pany, own its assets, and by Ulcers Of their |
own choice, manage its affairs.
Assets and Liabilities
AZ Market value of assets Jan 1. Is9s,
exceeds their cost by -s 314,994 90 |
The Insurance In force - 65,877. I32 90 |
rhe assets are 13,A5o,690 .32
The liabilities, 12.I56.s95.0O
The surplus. Mass Standard Laos. 1893 30
Cost of Insarance reduced to a
10 This is secured by inexpensive manage
meni, safe and profitable investments. the Sc
lection Of the best risks. and the pay
ment of legally defined cash values.
Surplus.
Ia According to the rigid -four per cent. |
standard OF Massachusetts,, 1t holds
Sl.l0T for every 5 600 Of liability.
Dividends.
IS On the payment of the second and Of |
svery subsequent annual premium It make. |
DIVIDEND or 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
UP POLICIES share in the annual divi-
dends
Kinds OF Policies.
l6 II issues life policies, and term
policies, payable only at death; aud en-
dowment policies. payable after desig-
neteu Ntni VI Sehiss Vt NJ ueAtu u prior 10 tue
end of such term.
Payment OF Premiums.
II 1t gives The holder Of policy the option
Of paying for it:-tl) BY a single payment or
~ By equal annual payments, either for
term Of years or for life.
Limits of Risk.
IS The largest risk taken on a mans life is
RIO 0OO thp smallest nm any life z mn /
W omen ale insured for limited amount up
on the same terms as men, The nearest
birthday of the applicant determines the rate
of premium The fest dividend is available
When the second premium is paid
Death Claims
This Company pays death claims as soon as
proofs Of death are received aud approved; an
endowment on the day the term expires. It
avoids litigation. 1t psysa policy as readily,
as promptly and as cheerfully, when It's due
Is ii receives the premiums on the same when
hey are due
Legal Rights Of a Beneficiary.
20 When beneficiary other than the in
sured is named in a policy effected by ans
person on bis own life or on the life Of another
such beneficiary having an insurab;e interest
in the insured life is entitled to the represen-
tatives Of the person efiecting the same.
Choice ola Company.
81 One desiring insurance should take
policy in a company whose history furnishes
proof that the policy holder will be treated |
fairly, his investments be safe, the payment of
bis policy al maturity be certain, and full |
equivalent be guaranteed by law, in case OF
ause for every dollar he pays These advan-