Evening journal., 1900-12-13
ifHR IESTALMHNT
ENDOWMENT
For All WhO Have seed Of a
De6nite Income
Offers Many Advantages Over COrpO-
ration. Municipal, Stale OF
Government Bonds

The Joint InsIalment Endowment
uolicv which has been recently an-I
lSuussd BY The Mutual Life is an en-
lafgsment vi The continuous instalmentI
pSii>y orignated by this company By
its lLsana husband nay not only assure
his wire an income tor life. but secure
Liusslf. as well the ike protection--to
tsgin az tns epd u 4 stated period
Il js IL longer : case OF dying 70 win
a fSsksr may now provide a Dfe-income
f.r nimsslf ara i've TO enjoy it, and al
tEe same tine contingently insute y for
ckild. In ike manner, brother muy
proVidr for himself and Tor a sister a
son Tor himself and a parent, and So on.
The Dlsn provides for the payment Of
she sum insured in twenty equal annual
instalments 10 the policy holder surviving
the premium period, II he lives long
enough to receive them ALL or, IL not 10
his estate, with the additional provision
that IL the policy -holder continues to live
after tho twenty instalmcnts have been
paid 10 him, he shall still continue TO rc-
ccitc tho like sum annually until his
death; and with the farther provision,
That after his death, ii his designated
beneficiary be then alive. the like sum
shall be paid to her for life. and that
after her death, if twenty insialmenis an
all have then not been paid the unpaid
portion shall be paid TO her estate.
Thus, the minimum sum guaranteed,
IN any event IS the face of the policy
divided into twenty equal annual install
nients-whle the sum actually paid will
be as much more than the face OF the
policy as,the continuance Of the lives of
the joint income -sharers may determine
The plan provides, also, that II the
policy -hOlder dies before the termination
of the premium period the instalments
shall be paid to the beneficiary for life,
the first payment immediately on the ac-
ceptance or the proofs Of death; with the
provision, also, that If the beneficiary
dies before receiving twenty such install
mpnts the number lacking shall be paid
10 her estate. Should the beneficiary die
before the policy holder, the annual pre-
MUM Is reduced. In such case, should
the policy -holder die before completing
the premium period, the amount Of the
policy, divided into twenty equal annual
instalments, win he paid to his estate.
Thus the future OF both the husband
and fliewif is provided for and the es- /
tatc contingently enriched FOR the hene-
III of the children.
This policy participates in the surplus
earnings AZ the company and is issued ON
the distribution plan, which provides for
the accumulation OF the surplus for 4
period OF years, and its division to the
snrrirofs. After the distribution period |
the surplus is divided annually during the |
premium period
This policy, il the premiums have been
paid IN full, is automatically paid up in
case Of lapse after the third year. for
such proportionate part Of the sum IN
sured as the number OF full years pre-
minus paid bears to the whole number
payable. af
Loans at the rate Of per cent. interest
may be secured ON this policy TO the full
extent Of its cash value-which value is
stated IN the contract, and the amount
guaranteed.
After ihis policy has been in force one
year thirty days of grace vii. /
on the payment OF premiums, with in
. terest charges at the rate of 5 per cent.
per annum for the time taken.
All premiums from the State Of Della
ware and Peninsula are payable at ss7 1
Market street TO Herbert \. Fell. Cen
eral Agent, through whom application
may be made for this form of policy.
rms policy is free from restrictions as
70 residence, travel and occupation. after
TWO years from date, except military or
naval service in time OF warrior which
permission must be obtained an the COM
pany's regular rates.
After two.years from date of issue. the
pohey shall be ineontestable IL the pre-
miums have been duly paid.