Maryland independent. [volume] (Port Tobacco, Md.) 1874-current, 1898-11-04
gEvHE STATE MUTUAL faFE
~ ASSURANCE COMPANY
Oh
WORCES YER, MASS ACHUSETTS,
Was organised IN 1875 On der Perpetual
Charter from this Co nmonBealth,
granted 10 1874.


ffAutcd 10 1874
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IT INVITES
The attention Of those intending TO insure, to
The following
FACrs.
| No Massachusetts, life insurance
Company ever failed This Company
laa never suffered any reverss.
management.
lis management is conservative and en-
ergetic.
Il condneis ga buslntss on q strictly CASH
hasis. Both premiums and poiices are pay
able in cash.
Economy.
II adhefes 70 the strictest EcoSoNr. See /
Massachusetts, Insurance Commissioner
aeporIs.l
5 It never Intentionally insuTes an impaired
lie.
Death Rate.
Il has experienced Heath rate below the
average in American sompaniea;-25 per cent.
esa Than the iabaiar rate
Investments.
It's investments are all legally, prohtably |
thN s-ltil Dtut-
Interest.
8 The INTEREST realized on It's invested /
fands paid all its death claims for 40 years.
Policy
8 The policy Is free from all unnecessary |
conditions and restrictions. II is a simple !
contract promising 50 much insurance for 50 1
many premiums, shd is absolutely incontes-
table after two years
Cash Values; Paid Up Values;
10 All ITS POLICIES ARE PROTECTED FROM |
FORFEITURE BY statute Of the State.
The cash value Of every roiicy, for every
year, after the first from It's issue 10 its ma
turitv. Is fxed 6y me lqws cfMs Common
vedlh. " g policy lapses TOR non-payment Of
premium after tso have been paid the law
without requiring the Injured 10 take
any SETON or % give any notice, hxes
lis values a. ne tiue Of the lapse, and secures
the same 70 tue insured either IN cash al once,
or in paid up insurance 10 be received BY the |
pofcY holder ~ the tine stipela'ei in the |
Original contract.
Thesr Nsidts are endorsed ~ Om the
Policy.
Examples.
iifcen-payment life policy, issued at 30, |
for 81 900. annual premium, S372. 900. After |
i've premiums have been paid, tae cash surTen-
Ter vdtle, as fixed by the law Of Massachusetts,
is Sl,0l5.50. The paid up oalue, 81, $50 90. i
A tweniy-payment life policy, age 30 for
$40, 900, annual premium s3l4.0O0. After
ten premiums have been paid, he cash surrsz-
der paiae Is 81, so260. The paid up Valae,
"a, 10000.
fortY-yesr endowment age 30, for SlO,-
900 annual premium 1883 co. After ten pre- |
NUNS have hee1 paid, The cash surrender |
Ualus Is 81, 232 co. The paid up ralne, So,
929 20. After twenty-five premiums have |
been paid, he cash surrender value is 81, 36l.-
40. The pad up tGlt's So, $4,000.
The life insurance com panies of other
states are not subject to this law, even
iu 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.
IL Market value OF assets Jan I. 1895.
exceeds their COSTLY --s 374. 094 90 /
The insurance In force is 6J,977 1890 |
The assets are I3,455. $50 81 |
The liabilities. I2.I56.sgs.OO |
The surplus. lIass Standard f.29s. 3,32 |
Cost Of Insurance rsluced TO a
minimum.
Is This is secured by inexpensive manage
ment, safe and profitable investments, the se-
lection Of the best risks, and the pay
ment OF legally defined cash values.
Surplus.
IA According to the rigid -four per cent. J |
standard Of Massachusetts,, 1t holds
Sl,lo7 for every 5000 of liability.
DividsnAs.
10 On the payment Of the second and Of |
every subsequent annual 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 10 reduce the annual premium 1
or to purchase additional insurance. PAID /
UP Policies share in the annual divi-
bends
Kiads of Policies.
l6 It issues life policies, and term
policies, PCS able only at death; and en-
dowment policies, payable after desig-
mated term otyears, or al death if prior to the |
end Of such term.
Payment of Premiums.
II Il gives the holder Of policy tie option |
Of paving for IT'D By q single payment or
l2) by equal annual payments, either for |
term ofyears or for life
Limits of Risk
Is The 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 tate |
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 and approved: an |
endowment on the day ibe term expires I'll
avoids litigation. Il pays policy as readily,
as promptly, and as eheerfully, when Il is due
as it receives the premiums on the same when
they are due
Legal Rights ola Beneficiary.
20 When beneficiary other than the in
iurrd is named III policy effected o. ang
person % his own lite or on The life OF another
such beneficiary having an insurab;e interest
in the insured life is entitled 10 the represent
ta,iyes Of the person efecting the same
Choice ola Company
81 Oae desiring insurance should take a
policy il company whose history furnishes
a.. a..