Maryland independent. [volume] (Port Tobacco, Md.) 1874-current, 1898-04-29
TIME STATE MUTUAL LiFE
- ASSURANCE COMPANY
.-OF-
WORCES TER. MASSACHUSETTS.
Was organized ID isfs under a Per. eiusl
S..ass-s ss s..-s. 49, e.----..e--r @-ish
granted In 1874.

granted ia 1874
II INVITES
The attention Of those intending to insure. 10
The following
FACTS:
No Massachusetts, Life Insurance
Company ever failed. This Company
has never suffered anf reverss
Management.
Its management is conservative ani IN
efReuc
Cash.
II contacts iij business on a strictly CASH
basis. Both premiums % p1iiccl ass P.j-
abiein cash
Ecoasmy.
4 u adherca 10 the stfietesi ECONOMY See
Aass@cA lsetis Insurance COMMISSIONER
Reports
5 Il neveF i;sasisn 'ii5 iasases al impaired
Death Rate
Il has experienced death rate belos the
average in American companies;- as per cent.
less ihan the iahalsr rate
Investments
Z lts inrestweuts are All legal probably
and safely made
Interest
The INTEREST realized on is invested
fands paid all is dstia claims for 49 years.
Policy.
. The policy is free from ali unnecessary
conditions AMI Restrictions. Il Is a simple
contract promising 50 much insurance Tor so
many premiums. and is absolutely inconies-
table alter Two years.
Eox- Forfeiture.
Cash yaiaos Paid Up Values:
10 ALI lts POLICIES AaE PROTECTED PROM
E0RFEfTURE bY statute Of the State.
The cash value OF every roiiey, for every
year, after the irst from its Issue 10 its ma
turitr, Is fred 5y the icrs Of the Common
ueaiih. II policy ispses tor nou-psymcnt n
premium, after tso have been paid, the law
without requiring the Injured to take
any action or to give any notice, fixes
its values az the tiue Of the lapse, and secures
the SAME TO the insured either in eash At aHe,,
or 10 paid Hp insgdaes 10 be received by the
policy holder nt the time stipulated in the
original contract.
These Values arc endorsed upon the
Policy.
Examples.
fifteen pa ment life policy, issued at 30,
for ) To- 900. annual premium, S372.O00. After
Eve premiums have bsea paid, he cash sarren-
der rgiue, as liked by the law Of Massachusetts,
is sl,0l5.50. The paid UP rafae, S2.9sO.0G
A twenty-p .ynent life policy, age 30 for
$40, COO, annual premium S3l4.000. After
ten premiums haFs been paid, he cash sHrreH-
der vaias Is 81, s02 90. The paid up ralae,
81, 100 90.
A iorty-year endowment age 30, for Sl0,-
600 annual premium s2590 90 After ten pre-
miums have been paid, he cash surrender
uaias Is 81, 1872 co. The pdid up rglae, 50,
929 10. After twenty-five premiums have
.;e-i, pad, .se es.h ...,--.... ss'as L g. &C.
40 The pad NJ iaius So, $1,000
The life insurance com JAMES of other
states are not subject to this law. even
iu their Massachusetts, business
Mutual.
II The policy holders constitute the Com
pany, own its assets, and BY Ulcers Of their
own choice, manage its affairs.
Assets and Liabilities,
IL Market value ofassets Jan 1. 1s9s,
exceeds their cost by = 35l.99t.00
The insurance in force is 6J,o77. 1890
The assets are 1880 600. 81
The liabilities, I2.I5G- $1,000
Cost Of Insurance reduced to a
minimum.
10 This is secured by inexpensive manage
ment, 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 flour per cent
standard Of Massachusetts,, 1t holds
$s,l07 for every 5000 Of liability.
Dividends.
Is On the payment of the second and of
every subsequent annual premium It makes
Dividend OF sURpLUs-to every policy holder
the part be 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
POLICIES share in the annual divi-
dends.
Kinds of Policies.
l6 Il issues life policies, and term
policies, payable only at death; and en-
doWment policies, payable after desie-
mated term Of years, or at death if prior TO the
end of such term.
Payment Of Premiums.
II II gives the holder Of policy e option
Of pas ing for it:-il) By a single payment or
(2) By equal annual payments, either for
term Of years or for life.
Limits Of Risk
Is The largesi risk taken on mans life Is
$50, 900; the smallest on any life, 81, 900.
Women ale Insured for limited amount up
on the same terms as men. The nearest
birthday Of the applicant determines the rate
Of premium The FIRST 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. II pays policy IS readily,
as promptly. and as rheerfally. when It is due
as ii receives the premiums on the same when
they are due
Legal Rights Of a Beneficiary
20 When q beneficiary other than the in
sured is named in policy effected by an
person oa his own life OF on the life Of another
such beneficiary having an insufabie interest
in the insured life identified to the represen-
tatiyes Of the person efeeting the same
Choice ofa Company
81 0ae desiring insurance should take
policy in a company whose history furnishes
proof that the policy holder will be treated