Vermont phÅ“nix. [volume] (Brattleboro, Vt.) 1834-1955, 1900-01-05
The New York Life Insurance Conn
pany Makes u Phenomenal Showing.


The New York Life Insurance company, as
usual had its annual statement out on the first
day of January, and the figures of this great
company for 1892 will appeal to thinking men
The books of the company were closed at noon
on Saturday, Dec 30, and no business is reported
save that which had been paid to the company in
cash. The results given are unprecedented in the
amount Of insurance in force over any previous
year.
The New York Life is now under full govern
mental control of all the insurance departments
of the United States and Europe, complying with
all domestic and foreign laws and requirements.
Important informs alton OF great financial in.
stitution always attracts attention and especially
that Of interested parties
The Company has insured during the year 1OO.-
900 individuals in the sum of over 81 " 900 900 Of
insurance, on which the first premiums have
peen paid to the company 10 cash. This is $50,
OOO,OOO more new insurance than the company
placed In 9S and makes grand total of paid for
insurance in force 1860 million dollars which ia
over l16 million dollars more paid for insurance
In force than the company had year ago, these
results having been accomplished at a lower ex
pense ratio than even that Of 1885,
During the year the company paid in death
losses on the lives Of over 5000 policy holders
more than Si1 100000, and to living policy holders
in maturing policies Sill ,OOOO OO while there has
been loaned direct TO 1914 of its policy holders on
the sole security of their policies upwards of
$i,OOOOOO at per cent interest, without fee or
other charge; 2,S50,00O has been paid to its
policy holders in dividends during the year, which
is over $4,000 more than was paid in '9s
During the year 80 the New York Life has
completed its program of so arranging its books
so scheduling its assets apportioning its
profits, so wording its policy contracts so eauit.
adi all &c
the requirements of the boards of insurance
supervision in all the states in the Union and all
the countries Of Europe, a fact which is com.
mented on in President McKinley's recent
message At the close OF the year there is no in
surance law, requirement, provision or regulation
in the United States or Europe with which this
company is not now fully complying, II being the
only company in the world that is in this i'm
pregnable position This is a guarantee of the
hrst Importance to old and new policy holders.
respecting the future financial soundness and
business policy OF their company which is com
mitted unalterably to a business policy that now
and forever hereafter will compel the New York
Life, whether under the administration OF the
present offic FRS or Others to comply with laws
and requirements that will make it impossible To
swerye TO the right or the left from the straight
path OF company For the policy holders by
the policy holders and of the policy holders"
The New York Life Insurance policy is absolute.
ly free of conditions as to residence, occupation,
travel habits of life and manner, time or place of
death Neither permit nor extra premium is re
quired for military or naval service In time of wal
or in time of peace.
The policy is incontestable from the date Of
issue and no policy issued by auy other company
In the world contains the same language OF
similar protection however expressed
The rates for a similar policy are as low, OF
lower, than other companies, either mutual OF
stock.
The New York Life reports only business
actually paid for and not business issued.
The local management Of the New York Ijf,
Insurance Company is with
MAJt F. W. CHLDS.
Williston Block