Maryland independent. [volume] (Port Tobacco, Md.) 1874-current, 1898-10-21
fEyuR STATE MUTUAL LIFE
n ASSURANCE, IuNPANY
--OF-
WORCESTER. MASSACHUSETTS.
Wss csganized IN 1916 under a Perpetual
Charter h0m die Con monweaith.
grontcd 10 1914


IT INVITES
The ettsul'cr Of those in'endias tn asure. .,
ite following
FACTS.
No Massachusetts Life iasuranc,
company ever failed Tbs Company
hss never srifered any rqserses
Hyaua gomeDt.
2 2 management is conservative and en-.
ergstie
Cash.
Il eondssts it, business on a strictly cAsp
lssis. Both premiums and polices are pay.
Eoonoag.
Il adheres 10 the .irietes, soONoNY. TSes
MASSACHUSETTS, Insurance Commissiooer
Reports.l
Risks.
z never Intentionally insures an impaired
life.
Death Rate.
i has experienced a death rate below the
average in American companies -25 per cent.
less than the tabular mie
Invost1nents.
J it Investments are all legally pcoftably
and safely made.
Interest.
8 The iSTFREsr realized on It's invested
isads paid all is death claims for AZ years.
Policy.
The policy is free from ali unnecessary
conditions and restrictions It is a simple
contract promising so much insurance for so
many premiums, snd is absolutely incontes-
table after two years.
Non-Forfeiture.
Cash Values; Paid Up Values:
To All ITS POLICIES ARE PROTECTED FROM
FoRFzlTgRE bY a statute Of the State.
The cash value Of every roiicy, for every
year, afler The first from It's issue 10 its ma
tsrisF, 81 f1ed By he lait5 Of tie Common
rsaHa- lt policy iapses Tor non-payment Of
premium, after NO nave been paid, the law
Wita9at requiring The inured 10 take
ahS aeiica or 20 give any notice, likes
ia gsiies i,4 ihs zoe u the lapse, ana secures
the sttne y ine insured either IN cash al once
or In pafR ~ iHsHrlHce 10 be received by the
Poliey hoiee- US 'he tine s:iarlrfai in the
OIL. - e-.l. 4.e.,
Tilest s--z.s ave ei---.s.seti upon the
-elicy.
ExalnpIes.
4 ifieen-paJ ment lie policy, issued at 80.
for 10000, annual premium, SsT2.000. After
i've Premium 1afe been paid tis easa sarrea-
der vatge. rs fixed by the law Of Massachusetts,
is $L0l5.50. The Pqid up valae, 50, $50 90.
a tigenty-paymoni life policy. age 90 for
$40 eco, annual premium S3l4.o06 After
60 premiums have been paid, ne cash surrea-
yer ca1as g 81, sp260 The paid up Daiue
81 5000.
af-f,--.-..4- .,- do, moo. $50 % 60,
Q0o annual premium $3.50 90 After ten pre-
NUNS AGve been paid, fhs eass sasrsasl.r
palus l5 81 $50 co. The paid up Uaias. 50,
s29 70. After ;wenty-6sa premiums have
been paid, he each surrender Vq{ue is 81. 36l >
40. The paia w saias Se,95o.Jo.
The life insurance com panies Of other
states are not subject 10 this lay, even
luther Massachusetts business
Mutuul.
Il The noliry holders constitute The Com.
pany, own its assets, and by Ulcers OF their
own choice, niauage ts affairs.
Assets nua Liabilities,
- ssR-isef v'iiste ofnsscts Jan l. 1898.
exceeds their rost by s7k ,994 90
8he assets are I3,45s SEQ .3s
fhe ifaDitfttes, tS.RH5. s34 90
The Surplus, Mass Standard i,sgs .79J, 90
Cost Of snsurance reduced to a
minimum
i3 This IS secured by inexpensive manage
mept- safe sud profitable investments, the se-
lection of the best risks, and the pay
ment Of legally defined ash values.
srrpius.
y According to the rigid four per cent. /
standard O. Massachusetts, Il holds
sl,lo7 for every 5000 of liability.
Dividends.
l5 On lae payment Of the second and Of
every subsequent snnuai premium 1t makes a
DIVIDEND OF spaPlus--to every policy holder
taa part be has himself contributed. TIE
dividends may De applied at the option OF the
insured either to reduce the annual premium
or 70 purchase additional insurance. PAID
W Policies share In the annual divi-
bends
Einsis of Policies.
10 Il issues life policies, and tern,
polices, payable only at death; and en-
dowment policies, payable after desia-
mated term ofyears, Or AT death il prior to the
eud o. such term.
Payment Of Premiums.
II 1t gives the holder of policy tie option
Of paving for it:-(l) BY single payment or
t2} By equal ennual payments, either for n
term of years or for life
Limits of Risk
= 10 TIE largest risk taken on a 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 arc received and approved; an
on the day the term expires It
lysids litigation. PAYS policy as readily.
g pioiapty, and SO rheeffully, when it is due
% i receives the premiums on the same when
Rey aredue
Legal Rights Of a Beneficiary
20 When a helefciary other dian the in
ured IS named IN policy effected BY anT
'sis7i o. bits gwn life or on the lie 81 smother
aca beneficiary having an insufab.e interest
n tie insured lie IS entitled 10 the represent
atiTes q The person eiFseting the same.
chcies ofa Company.
81 Oae issiribg insurance should take
,ciieY II , company whose histor7 furnishes
'roof .has the policy aolder uil be treated
airy Als iaststmeDis DO safe, the payment or
lis policy 4 ioatulity be certain, and fuil I
quisAleni BE gparanieed 0y !aw. in eAsa Of
spse, for every dollar be pays rhose adgan- 4
ages are secured to every policy holder in tie /
tate MUTUAL
Interest oftha Members and of the
Managers identical
q This Company opens 10 the public it's I
eeoFd OF FlFTY-fOUR YEARS aud invites I
tisntieu to its present condition. i has no
alag 70 conceal Ths Insured aud managers
ave never had separate o. diverse interests
ioih haze sought the same end-the most in
araase al the smallest cost compatible With i
1e safety Of the Investment anG the seeuritv
the claim at maturity.
Right and Duty Of Members
% The State Mutual recognizes the right
1ts members tn fnna vutaf % 1,.a |